Bed & Bath, a retailing company, has two departments-Hardware and Linens. The company's most recent monthly contribution format income statement follows: Total $ 4,310,000 1,397,000 2,913,000 2,170,000 Department Hardware Linens $ 3,180,000 $ 1,130,000 985,000 2,195,000 412,000 718,000 840,000 $ 865,000 $ (122,000) 1,330,000 Sales Variable expenses Contribution margin Fixed expenses Net operating incone (loss) $ 743,000 A study indicates that $379,000 of the fixed expenses being charged to Linens are sunk costs or allocated costs that will continue even if the Linens Department is dropped. In addition, the elimination of the Linens Department will result in a 15% decrease in the sales of the Hardware Department. Required: What is the total financial impact of discontinuing the Linens Department? (See below if you need a hint.) Financial (disadvantage) $ 329,250