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

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Thalassines kataskeves, SA of Greece makes marine equipment. The company has been experiencing losses on its bilige pump product line for several years. The most recent quarterly contribution format income statement for the bilge pump product line follows: Thalassines kataskeves, S.A. Income Statement-Bilge Pump For the Quarter Ended March 31 Sales $ 460,000 Variable expenses Variable manufacturing expenses $ 126,000 Sales commissions 47,000 Shipping 12.000 Total variable expenses 185,000 Contribution margin 275,000 Fixed expenses Advertising (for the bilge pump product line) 29,000 Depreciation of equipment (no resale value) 101,000 General factory overhead 44,000 Salary of product-line manager 114,000 Insurance on inventores 7.000 Purchasing department 49.000 Total fixed expenses 344.000 Het operating loan $ (69,000) *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 Faxed expenses Advertising for the bilge pump product line) 29,000 Depreciation of equipment (no resale value) 101,000 General factory overhead 44,000 Salary of product-line manager 114,000 Insurance on inventories 7,000 Purchasing department 49,000" Total fixed expenses 344,000 Het operating loss $ (69,000) "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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