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Exercise 11-15 (Static) Dropping or Retaining a Segment [L011-2J Thalassines Kataskeves, S.A., of Greece makes marine equipment. The company has been experiencing losses on its bilge pump product line for several years. The most recent quarterly contribution format income statement for the bilge pump product line follows: Thalassines Kataskeves, S.A. Income StatementBilge Pump For the Quarter Ended March 31 330,000 42,000 270,000 80, 32 , Sales Variable expenses: Variable manufacturing expenses Sales commissions Shipping Total variable expenses Contribution margin Fixed expenses: Advertising (for the bilge pump product tine) Depreciation of equipment (no resale value) General factory overhead Salary of productline manager Insurance on inventories Purchasing department Total fixed expenses Net operating toss *Common costs allocated on the basis of machine-hours. tCommon costs allocated on the basis of sales dollars. $ 850,e 18,o 390,000 460, 105, 45, OOOt 540, o $ (80,000) Discontinuing the bilge pump product line would not affect sales of other product lines and would have no effect on the company's total general factory overhead or total Purchasing Department expenses. Required: What is the financial advantage (disadvantage) of discontinuing the bilge pump product line?