West River Company operates two factories where they manufacture a variety of equipment for camping. Most of their products are made in their main production facility but they operate a second factory where they produce camping tents. The tent manufacturing facility is located in a building that is rented by West River. West River provided the following information related to the tent manufacturing facility for the past year: Sales $314,000.00 Variable expenses 190,700.00 Contribution margin 123,300.00 Fixed expenses Depreciation of factory equipment 6,300.00 Advertising of tents 23,000.00 Factory rent 30,000.00 Salary of tent facility manager 44,000.00 Administrative overhead 18,000.00 Total fixed expenses 121,300.00 Operating income $2,000.00 Administrative overhead is allocated to departments based on sales dollars and is made up of expenses which would not decrease if the tent production line was dropped. Depreciation of factory equipment is calculated on a straight-line basis and relates to specialized equipment used for manufacturing tents. This equipment was purchased several years ago and would have no resale value if West River were to drop the tent production line. West Rivers lease on the tent production facility is up for renewal and the landlord has informed them that their rent will be increasing by 20% from $2,500 per month to $3,000 per month. West Rivers Tent product line has had very consistent results over the last several years and expects the upcoming year to be consistent with last year, except for the increased rent. The management of West River is considering whether it should renew its lease and continue production of tents OR drop its tent production line and close the tent production facility. Dropping the tent production line will not have any effect on sales of its other products.

Required Calculate the impact on West Rivers net income if it were to drop the tent production line and provide a recommendation on whether the tent product line should be dropped.