Harmark has three product lines in its retail stores: kites, wind socks, and flags. Results of the fourth quarter are presented below: Units sold Revenue Variable departmental costs Direct fixed costs Allocated fixed costs Net income (loss) Kites 1,000 $22,000 15,000 1,000 8,000 S (2.000) Wind Socks 2,000 $40,000 22,000 3,000 8.000 $ 7.000 Flags 2,000 $23,000 12,000 2,000 8,000 $ 1,000 Total 5,000 $85,000 49,000 6,000 28.000 $ 6.000
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What will happen to profits if Harmark discontinues the Kites product line? The profits will drop by _______.
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