Keep or-Drop Decision Petoskey Company produces three products: Alanson, Boyne, and Conway. A segmented income statement, with amounts given in thousands, follows: Alanson Boyne Conway Total Sales revenue $1,280 $185 $285 $1,750 1.115 45 228 1,388 $165 $140 $57 $362 Less: Variable expenses Contribution margin Less direct fixed expenses: Depreciation Salaries 50 15 14 79 95 85 80 260 Segment margin $20 $40 $(37) $23 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 Should Petoskey keep or drop Conway? Drop