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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 follows: Thalossines Kataskeves, S.A. Incone statenent-0ilge Pump Sales. For the Quarten Ended March 31 Variable expenses: Varlable manufacturing expenses sales commissions shipping Total variable expenses Contribution margin s. 416,009 Fixed expenses: Advertising (for the bilge pump product line) Depreciation of equipment (no resale volue) General factory overhead Salary of product-1line nanager Insurance on inventories Purchasing department \$ 140,600 49,000 17,000 204,060206,090 Total fixed expenses Net operating loss 25,000 117,000 32,000 119,009 10,600 41,000 344,0005(140,090) - Common costs allocated on the basis of machine-hours. TCommon costs allocated on the basis of sales dollars. Discontinuing the bilge pump 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

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