Company Ltd. is a retailer. The most recent monthly income statement for Company is given below:
	Total	Store 1	Store 2
Sales	2,100,000	1,300,000	800,000
Less: variable expenses	1,300,000	942,000	358,000
Contribution margin	800,000	358,000	442,000
Less: traceable fixed costs	300,000	111,000	189,000
Segment margin	500,000	247,000	253,000
Less: common fixed expenses	500,000	250,000	250,000
Net income (loss)	0	-3,000	3,000
Company is considering closing Store 1. If Store 1 is closed, 50% of its traceable fixed expenses would continue to be incurred. Also, the closing of Store 1 would result in a 10% decrease in contribution margin in Store 2. Company allocates common fixed expenses based on sales dollars and none of these costs would be saved if a store were shut down. Required Compute the overall increase or decrease in the net income of Company if Store 1 is closed. Do you recommend Company close Store 1?