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thalassines kataskeves, SA of Greece makes marine equipment. The company has been experiencing losses on its bilge pump roduct 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 bilge pump roduct 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 $ 420,000 Sales Variable expenses Variable manufacturing expenses $ 127,000 Sales commissions 54,000 Shipping 16,000 Total variable expenses 197.000 Contribution margin 223,000 Fixed expenses Advertising (for the bilge pump product line) 25,000 Depreciation of equipment (no resale value) 104,000 General factory overhead 40,000 Salary of product-line manager 125,000 Insurance on Inventories 7,600 Purchasing department 42,000 Total fixed expenses 343,000 Het operating less 5 (120,000) "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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