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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

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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: 2 5.470,000 $ 120.000 53,000 16,000 100.000 281.000 Thalassines Kataskeves, .. Income Statement-Bilge Pump ou the Duarter Ended March 31 Sales Variable expenses: variable manufacturing expenses Sales Commission Shipping Total variable expenses Contribution margin Tixed expenses: Advertising (for the bilge pump product line) Depreciation of equipment resale Value) General factory overhand Salary of product line masager Insurance on Inventories Purchasing departient total fixed expenses Het operating loos 29,000 112,000 34.000 $11,000 9.000 fence 140.000 $ 59.000) "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 bilige pump product line

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