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Thalassines Kalaskeves, SA of Greece makes marine equipment. The company has been experiencing losses on its bilge pump product line for several years. The most

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Thalassines Kalaskeves, SA 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: Thalesines kataskeves, S.A. Incone Statement Be Pump For the arter Ended Harch 31 Sales $420,000 Variable expenses Variable manufacturing expenses $ 139,000 Sales commission 42,000 Shipping 15.00 Total variable expenses 196,00 Contribution margin 224.000 Fixed expenses Advertising (for the bilge pump product line) 21,000 Depreciation of equipment (no resale value) 118.000 General factory overhead 38.00 Salary of product-line manager 122,000 Insurance on inventories 10.000 Purchasing department 52,00 Total fixed expenses 361 Net operating loss + (137,000) "Common costs allocated on the basis of machine hours Common costs allocated on the basis of sales dollars, 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

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