Thalassines Kataskeves, S$.$A$.,$ 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:

$\backslash$table$[[\backslash$table$[[$Thalassines Kataskeves, S$.$A$.],[$Income Statement$-$Bilge Pump$],[$For the Quarter Ended March $31]],,],[,,$$$480,000$