Granfield Company has a piece of manufacturing equipment with a book value of $43,500 and a remaining useful life of four years. At the end of the four years the equipment will have a zero-salvage value. Granfield can purchase new equipment for $141,000 and receive $24,800 in return for trading in its current equipment. The current equipment has variable manufacturing costs of $46,000 per year. The new equipment will reduce variable manufacturing costs by $22,500 per year over its four-year life. The total increase or decrease in income by replacing the current equipment with the new equipment is: $90,000 increase $26,200 decrease $17,300 decrease $26,200 increase $61,450 increase