help please

The Regal Cycle Company manufactures three types of bicycles-a dirt bike, a mountain bike, and a racing bike. Data on sales and expenses for the past quarter follow: Total $ 931,000 471,000 460,000 Dirt Bikes $ 267,000 119.000 148,000 Mountain Bikes $ 406,000 198,000 208,000 Racing Bikes 258,000 154,000 104,000 Sales Variable manufacturing and selling expenses Contribution margin Fixed expenses Advertising, traceable Depreciation of special equipment Salaries of product-line managers Allocated common fixed expenses Total fixed expenses Net operating income (los) 70,400 43,100 113,900 186,200 413,600 $ 46,400 8,900 20,100 40,100 53,400 122,500 $ 25,500 40,900 7.900 38, 400 81,200 168, 400 $ 39,600 20,600 15,100 35,400 51,600 122/1200 S (18,700) "Allocated on the basis of sales dollars. Management is concerned about the continued losses shown by the racing bikes and wants a recommendation as to whether or not the line should be discontinued. The special equipment used to produce racing bikes has no resale value and does not wear out. Required: 1. What is the financial advantage (disadvantage) per quarter of discontinuing the Racing Bikes? 2. Should the production and sale of racing bikes be discontinued? 3. Prepare a properly formatted segmented income statement that would be more useful to management in assessing the long-run profitability of the various product lines