Question 4 (3 points) Gary Brown Manufacturing makes single kayaks, double kayaks, and lightweight competitive kayaks. The double kayak line has been showing losses for several years, and management is considering dropping the line. Recent income statements have been very similar to the following information which was prepared for the most recent year: Single $687,500 446,875 240,625 Double Competitive Total $400,000 $1,037,500 $2,125,000 272,000 850,750 1,569,625 128,000 186,750 555,375 Sales Variable costs Contribution margin Fixed costs Operating income 156,250 $84,375 162,500 $(34,500) 143,750 $43,000 462,500 $92,875 of the fixed costs, $393,750 is common costs that have been allocated equally to each product line. What will total operating income be if Brown drops the double kayak line? You must show your calculations in order to earn full credit