Mr. Earl Pearl, accountant for Margie Knall Co., Inc., has prepared the following product-line income data: The following additional information is available: * The factory rent of $1,500 assigned to Product C is avoidable if the product were dropped. * The company's total depreciation would not be affected by dropping C. * Eliminating Product C will reduce the monthly utility bill from $1,500 to $800. * All supervisors' salaries are directly related to the product they oversee. Therefore, if a product is dropped the supervisor would be let go. * If Product C is discontinued, the maintenance department will be able to reduce monthly expenses from $3,000 to $2,100. * Elimination of Product C will make it possible to cut two persons from the administrative staff; their combined salaries total $3,000. Required: Should Product C be eliminated? (Be sure to support your decision with calculations.)