Kingbird Company makes three models of phasers. Information on the three products is given below: Fixed costs consist of $292,000 of common costs allocated to the three products based on relative sales, and additional fixed costs of $29,400 (Stunner), \$78,500 (Double-Set), and \$29,200 (Mega-Power). The common costs will be incurred regardless of how many models are produced. The other fixed costs would be eliminated if a model is discontinued. Donald Martin, an executive with the company, feels the Mega-Power line should be discontinued to increase the company's net income. Calculate current net income for Kingbird Company