Granfield Company is considering eliminating its backpack division, which reported an operating loss for the recent year of $41,400. The division sales for the year were $948,600 and the variable costs were $469,000. The fixed costs of the division were $521,000. If the backpack division is dropped, 40% of the fixed costs allocated to that division could be eliminated. The impact on Granfield's operating income for eliminating this business segment would be: Multiple Choice $271,200 increase $479,600 decrease $208,400 Increase $271,200 decrease $479,600 Increase