Keep or Drop Decision Petorey Company produces the products Alanton, Boyne, and Corway A segmented income statement, with amounts given in thousands, follow Alanson Boyne Conway Total Sales revenue $1,280 $185 $300 51,765 Less: Variable expenses 1,115 45 240 3,400 Contribution margin $165 $140 560 5365 Less direct fixed expenses Depreciation 50 12 72 15 Salaries 95 85 76 256 Segment margin $20 $40 $(28) $32 Direct fixed expenses consist of depreciation and plant supervisory salaries. All depreciation on the equipment is dedicated to the product lines. None of the equipment can be sold Assume that each of the three products has a different supervisor whose position would be eliminated if the associated product were dropped, Required: Conceptual Connection: Estimate the impact on profit that would result from dropping Conway. Enter amount in full, rather than in thousands. For example, "15000 rather than '15" Increase 72,000 X Should Petoskey keep or drop Conway? Drop