Please answer my entire question

The Regal Cycle Company manufactures three types of bicycles-a dirt bike. a mountain bike, and a racing bike. Data on sales and expenses for the past quarter follow: Dirt Mountain Racing Bikes Total Bikes Bikes points Sales variable manufacturing and selling expenses Contribution margin Fixed expenses: S 927,eee $265,809 $ 409,ee0 253,eee 474,e0e 119.002203,8e152-6ee 453.0e 46,00e Advertising, traceable Depreciation of special equipment Salaries of product-1ine managers Allocated common fixed expenses 48,100 7,3ee 38, 2e0 81.800 67.4ee $ 4e,6ee 24, 20e $38,6ee 8,180 2e, 30e 48,480 53.e0e 412.480 121,890 69,eee 43,49e 28, 880 15,89e 36,89e BOOK 114,600 , 185,480 Total fixed expenses Net operating income (loss) 123,280 Hint (22,2ea) Print Allocated on the basis of sales dollars. Management is concerned about the continued losses shown by the racing bikes and wants a recommendation as to whether or not the line should be discontinued. The special equipment used to produce racing bikes has no resale value and does not wear out. Reterences Requlred: 1. What is the financial advantage (disadvantage) per quarter of discontinuing the Racing Bikes? 2. Should the production and sale of racing bikes be discontinued? 3. Prepare a properly formatted segmented income statement that would be more useful to management in assessing the long-run profitability of the various product lines. Complete this question by entering your answers in the tabs below RequiredRequired 2 Required 3 What is the financial advantage (disadvantage) per quarter of discontinuing the Racing Bikes? inancial advantage per quarter