Marinette company makes several products, including canoes. the company has been experiencing losses from its canoe segment and is considering dropping that product line. the following information is available regarding its canoe segment. (leave no cells blank. enter zeros where appropriate.)marinette companyincome statement—canoe segmentsales $ 3,300,000 variable costs direct materials $ 710,000 direct labor 760,000 variable overhead 560,000 variable selling and administrative 330,000 total variable costs 2,360,000 contribution margin 940,000fixed costs direct 635,000 indirect 560,000 total fixed costs 1,195,000 net income $ (255,000)required: 1. if canoes are discontinued, calculate the net income lost or gained.

Walmart and target are the only stores in a remote town that currently stock and sell the playstation 5 video game console. managers at both stores are simultaneously deciding whether to charge a price of $1,000 or $1,500 for each console. if both stores charge $1,000, they earn a profit of $100,000 each. if both stores charge $1,500, they earn a profit of $200,000 each. if one store charges $1,000 and the other store charges $1,500, the store that charges $1,000 earns a profit of $250,000 and the firm that charges $1,500 earns a profit of $50,000. if walmart and target they can both charge $1,500 and earn the highest combined profit available. engage in spirited price competition collude with each other privately undercut each other after making an agreement compete with each other only with regard to price and not quantity compete with each other only with regard to quantity and not price