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Thalassines kataskeves, SA, of Greece makes marine equipment. The company has been experiencing losses on its bllge 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 bllge pump product line for several years. The most recent quarterly contribution format income statement for the bilge pump product line follows: Thalassinen Katankoven, B.A. Incona statement-ilge Pump For the Quarter Unded March 31 Balen $ 420,000 Variable expenses Variable manufacturing expenses $ 133,000 Sales commissions 53,000 Shipping 14,000 Total variable expenses 200,000 Contribution margin 220,000 Fixed expenses Advertising (for the bilge pump product line) 24,000 Depreciation of equipment (no resale value) 103,000 General factory overhead 48,000" Salary of product-line manager 110,000 Tnnurance on inventories 12.000 Purchaning department 50,0001 Total fixed expenses 347,000 Net operating loss 5/127,000) *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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