Current Attempt in Progress x Your answer is incorrect. Waterway Industries produces three versions of baseball bats: wood, aluminum, and hard rubber. A condensed segmented income statement for a recent period follows: Aluminum $210000 Hard Rubber $65000 Total $795000 150000 58000 538000 Wood Sales $520000 Variable 330000 expenses Contribution 190000 margin Fixed expenses 75000 Net income (loss) $115000 60000 7000 257000 35000 25000 22000 $(15000) 132000 $125000 Assume all of the fixed expenses for the hard rubber line are avoidable. What will be total net income if the line is dropped? $118000 $150000 $140000 $100000