*Allocated on the basis of sales dollars. Management is concerned about the continued losses shown by the fishing guards and wants a recommendation as to whether or not the line should be discontinued. The special equipment used to produce fishing guards has no resale value and does not wear out. Required:1. What is the financial advantage (disadvantage) per quarter of discontinuing the fishing guard model?2. Should the production and sale of fishing guards be discontinued?3. Prepare a properly formatted segmented income statement that would be more useful to management in assessing the long-run profitability of the various product lines.