Carlton Corporation is composed of five divisions. Each division is allocated a share of Carlton's overhead to make divisional managers aware of the cost of running the corporate headquarters. The following information relates to the Metro Division:

Sales revenue	$7,500,000
Variable operating costs	5,100,000
Traceable fixed operating costs	2,600,000
Allocated corporate overhead	300,000

If the Metro Division is closed, 100% of the traceable fixed operating costs can be eliminated. What will be the impact on Carltons overall profitability if the Metro Division is closed?