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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 Thalassines kataskeves, S.A. Income Statement-Bilge Pump For the Quarter Ended March 31 Sales $ 450,000 Variable expenses: Variable manufacturing expenses $ 135,000 Sales commissions 48,000 Shipping 21,000 Total variable expenses 204,000 Contribution margin 246,000 Fixed expensest Advertising for the bilge pump product line) 28,000 Depreciation of equipment (no resale value) 103,000 General factory overhead 41,000 Salary of product-line manager 122,000 Insurance on inventories 15,000 Purchasing department 46,000+ Total fixed expenses 355,000 Net operating 105 $(109,000) "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 financial advantage (disadvantage) of discontinuing the bilge pump product line

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