Wellco Corporation is concerned about the losses reported for its product V8 and is considering discontinuing it. Data related to this product for last year appears below: Sales Variable Expenses Contribution Margin Fixed Manufacturing Expenses Fixed Selling and Administrative Expenses Operating Income $ 150,000 75,000 $ 75,000 100,000 33,000 $ (58000) Further investigation has revealed that $50,000 of the fixed manufacturing expenses and $16,500 of the fixed selling and administrative expenses are avoidable if product V8 is discontinued. What is the financial advantage (disadvantage) of dropping product V8? Multiple Choice $(58000) $(8500) 0 $58000 $(41500)