Granfield Company is considering eliminating its backpack division, which reported a loss for the recent year of $42,000 as shown below.

Segment Income (Loss)
Sales	$ 960,000
Variable costs	475,000
Contribution margin	485,000
Fixed costs	527,000
Income (loss)	$ (42,000)

If the backpack division is dropped, all $475,000 of its variable costs are avoidable, and $210,800 of its fixed costs are avoidable. The impact on Granfields income from eliminating this business segment would be: