Please complete required 1 and required 2.

The Regal Cycle Company manufactures three types of bicycles-a dirt bike, a mountain bike, and a tacing bike, Data on sales and oxpenses for the bast cuarter follow *Aliocated on the basis of ssles dollars. Mtangement is coristderthg of sconthiting the racing bikes. The special equipment used to produce racing bikes has no resale value and does not wear out. Required: 1. What is the financial advantage (disodvantage) pec quarter of discontinuing the Racing Bikes? 2. Should the production and sole of racing bikes be discontinued? Complete this question by entering your answers in the tabs below. What is the financial odvantage (disadvantage) per quster of discontinuing the Racing Bikes? 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? Complete this question by entering your answers in the tabs below. Should the production and sale of racing bikes be discontinued