Please show the steps for solving the problem, instead of just the answer alone.

Problem 7-9 Marx Gaming, a computer enhancement company, has three product lines: audio enhancers, video enhancers, and connection-speed accelerators. Common costs are allocated based on relative sales. A product line income statement follows: Marx Gaming Income Statement For the Year Ended December 31, 2017 Audio VideoAccelerators Total Sales Less cost of goods sold Gross margin Less other variable costs Contribution margin Less direct salaries Less common fixed costs: $1,200,000 $2,450,000 $2,400,000 $6,050,000 2,070,000 4,235,000 330,000 1,815,000 135,560 308,700 1,679,440 381,760 730,000 1,435,000 470,000 1,015,000 65,610 949,390 170,860 21,300 48,650 421,350 139,620 71,280 Rent Utilities Depreciation Other administrative costs 25,830 9,430 12,710 170,970 $180,270 $559,590 11,970 4,370 5,890 79,230 25,200 9,200 12,400 166,800 63,000 23,000 31,000 417,000 5763,680 Net income $23,820 753 Since the profit for accelerator devices is relatively low, the company is considering dropping this product line Determine the annual impact on profit of dropping accelerator products. The company will be off by $ if it drops accelerators