Duffy Dog College is considering outsourcing grounds maintenance. In this regard, Duffy Dog has received a bid from Highline Grounds Maintenance for $ 298,500 per year. Highline states that its bid will cover all services and planting materials required to "keep Duffy Dog's grounds in a condition comparable to prior years." Duffy Dog's cost for grounds maintenance in the preceding year were $ 306,600, as follows: $186.100 Salary of three full-time gardeners Plant materials Fertilizer Fuel 86,000 10,200 13,100 11.200 $ 306,600 Depreciation of tractor, mowers, and other miscellaneous equipment Total If Duffy Dog College outsources maintenance, it will be able to sell equipment for $ 29,100, and the three gardeners will be laid off. (a) Analyze the one-year financial impact of outsourcing grounds maintenance. Ne of outsourcing in year 11s $ benefit COST e Textbook and Media Save for Later Attempts: 0 of 3 used Submit