Exercise 11-15 Dropping or Retaining a Segment (LO11-2] 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: $ 470,000 $ 125,000 43,000 19,000 187,000 283,000 Thalassines kataskeves, S.A. Income Statement-Bilge Pump For the Quarter Ended March 31 Sales Variable expenses Variable sanufacturing expenses Sales commissions Shipping Total variable expenses Contribution margin Fixed expenses Advertising for the bile puno product line) Depreciation of equipment (no recale value) General factory overhead Salary of product-line manager Insurance on inventories Purchasing department Total Fixed pense Nut operating loss 211,000 107,000 47,000 111,000 3.000 44,000! 345,000 Common costs allocated on the basis of machine hours Common costs allocated on the basis of sales dollars Discontinuing the biloe pump product line would not affect sales of other product lines and would have no effect on the company's total general factory overhead or total Purchasing Department expenses. Required: What to the financial con carnavaletinin the Hindur ne Discontinuing the bilge pump product line would not affect sales of other product lines and would have no effect total general factory overhead or total Purchasing Department expenses. Required: What is the financial advantage (disadvantage) of discontinuing the bilge pump product line