ABC Company makes a special kind of racing tire. Variable costs are $220, and fixed costs are $30,000 per month. Company sells 500 units per month at a price of $300. If company upgrades the quality of the tire, they believe they can boost the price up to $340. If so, the variable cost will go up to $230 and the fixed costs will rise by 50%.

If company decides to upgrade, how will it affect operating income?