Keep-or-Drop Decision Petoskey Company produces three products: Alanson, Boyne, and Conway. A segmented income statement, with amounts given in thousands, follows: Sales revenue Less: Variable expenses Contribution margin Less direct fixed expenses: Depreciation Salaries Segment margin Alanson Boyne Conway Total $1,280 $185 $300 $1,765 1,115 45 225 1,385 $165 $140 $75 $ 380 50 95 Required: $20 15 lal. 85 Should Petoskey keep or drop Conway? $ 40 10 80 $ (15) 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. 75 260 $45 Assume that each of the three products has a different supervisor whose position would remain if the associated product were dropped. 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". $