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 StatementBilge Pump For the Quarter Ended March 31 Sales $ 480,000 Variable expenses: Variable manufacturing expenses $ 136,000 Sales commissions 48,000 Shipping 12,000 Total variable expenses 196,000 Contribution margin 284,000 Fixed expenses: Advertising (for the bilge pump product line) 23,000 Depreciation of equipment (no resale value) 113,000 General factory overhead 43,000* Salary of product-line manager 128,000 Insurance on inventories 11,000 Purchasing department 47,000 Total fixed expenses 365,000 Net operating loss $ (81,000) *Common (indirect) costs allocated on the basis of machine-hours. Common (indirect) 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 companys total general factory overhead or total Purchasing Department expenses. Required: What is the total financial impact of discontinuing the bilge pump product line? (Indicate a negative impact with a negative sign.) (Hint: See Example 11-2a in the course packet for guidance.)