Thalassines Kataskeves. 5A.. 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: Thalaasines Katasksves. 5.3. Income StatementBilge Pump For the Quarter Ended March 31 Sales $ 440,000 Variable expenses: Variable manufacturing expenses 5 126,000 Sales commissions 45,000 Shipping 10,000 Total variable expenses 131,000 Contribution margin 259,000 Fixed expenses: Advertising [for the bilge pump product line} 29,000 Depreciation of equipment (no resale value] 107,000 General factory overhead 36,000* Salary of productline manager 126,000 Insurance on inventories 11,000 Purchasing department 54,0001 Total fixed expenses 363,000 Net operating loss $(104,000} "Common costs allocated on the basis of machine-hours. TCommon 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 nancial advantage {disadvantag e) of discontinuing the bilge pump product line":I ::|