Blanton In currently produces all the components for the products it makes and sells. The total costs of producing a component Component Y for one of its products are given below. The annual requirement of Component Y is 2,2000 Units Direct materials. 19,800 Direct labor 11,000 Variable manufacturing overhead 15,400 Fixed manufacturing overhead 13,200 An external supplier offers to sell the component to BlNrin Inc for 23.00 per unit After analysis it is found that is the company buys the component instead of producing it, all of its variable costs and 8,200 of its fixed costs will be eliminated. If Blanton Inc decides to buy the component instead of manufacturing it how will the decision affect the company It's net will increase by 8,200 It's net income will increase by 3,800 It's net income will increase by 4,400 It's net income will decrease by 3,800