Sheffield Company makes three models of phasers. Informution on the three products is given below: Fixed costs consist of $283.500 of common costs allocated to the three products based on relative sales, and additional fued costs of $29,600(54unner).587,100 (Double-Set), and $29,100(M. 1 a.Power). The common costs will be incurred regardiess of how mamy models are produced. The other fixed costs would be etiminated it a modeth discontinued. Chris Anderson, an executive with the compary feels the Mega-Power line should be discontinued to increase the company s net income. Calculate net income by product line and in total for Sheffield Compary if the company discontinuss the Meca Power product line. (Hint: Allocate the $283.500 common costs to the two remaining product lines based on their relative sales)