The Regal Cycle Company manufactules three types of bicycles-a dirt bike, a mountain bike, and a racing bike. Data on sales and expenses for the past quarter follow: Mountain Total Dirt Bikes Bikes Racing Bikes Sales $ 921,000 $ 262,000 $ 401,000 $ 259,000 variable manufacturing and selling expenses 463,000 118.000 191,000 154,000 Contribution margin 458,000 144,000 210,000 104.000 Fixed expenses Advertising, traceable 69.100 8,200 40,200 20,700 Depreciation of special equipment 43,600 20,300 7,500 15,800 Salaries of product-line managers 114,900 40,600 38,500 35,800 Allocated common fixed expenses 184,200 52.400 80,200 51,600 Total fixed expenses 411,800 121,500 166.400 123,900 Net operating income (loss) $.46,200 $ 22,500 $ 43,600 $ (19,900) "Allocated on the basis of sales dollars. Management is concerned about the continued losses shown by the racing bikes and wants a recommendation as to whether or not the line should be discontinued. The special equipment used to produce racing bikes has no resale value and does not wear out What is the financial advantage (disadvantage) per quarter of discontinuing the Racing Bikes? Prepare a properly formatted segmented income statement that would be more useful to management in assessing the long-run profitability of the various product lines. Totals Dirt Bikes Mountain Bikes Racing Bikes 0 0 0 0 Contribution margin (loss) Traceable fixed expenses: 0 0 0 Total traceable fixed expenses Product line segment margin (loss) 0 $ >$ 0 $ 0 Net operating income (loss) 0