Mr. Earl Pearl, accountant for Margie Knall Co., Inc., has prepared the product-line income data: Company Total Product Sales 85,00020,000 32,000 137,000 72,000 65,000 Variable Expenses 45,000 Contribution Margin 40,00015,000 8,00017,000 Fixed Expenses 2,500 1,000 1,200 Rent Depreciation Utilities Supervisors' Salaries Maintenance Administrative Expenses Total Fixed Expenses Net Operating Income 8,000 6,600 4,000 6,000 3,300 12,000 39,900 4,500 3,000 2,000 1,500 1,500 3,000 2,400 500 500 600 2,000 5,800 1,500 4,000 1,200 7,000 18,600 25,10024,500 2,200 (1,600 The following additional monthly information is available: * The factory rent assigned to Product C is avoidable if the product were dropped. * The company's total depreciation would not be affected by dropping "c". * Eliminating "C" will reduce the company total monthly utility bill to $3,200. * All Product C supervisors' salaries are avoidable. * If Product C is discontinued, the maintenance department will be able to reduce its total monthly expenses by $1,400 *Elimination of Product C will make it possible to cut one person from the administrative staff expenses; the person's salary totals $3,000. What will be the company's overall Net Operating Income if the Product C is dropped