Granfield Company is considering eliminating its backpack division, which reported a loss for the recent year of $46,000 as shown below. \begin{tabular}{lr} \multicolumn{1}{c}{ Segment Income (Loss) } \\ Sales & $976,000 \\ Variable costs & 483,000 \\ \cline { 2 - 3 } Contribution margin & 493,000 \\ Fixed costs & 539,000 \\ \cline { 2 - 3 } Income (loss) & $46,000) \\ \end{tabular} If the backpack division is dropped, all $483,000 of its variable costs are avoidable, and $215,600 of its fixed costs are avoidable. The impact on Granfield's income from eliminating this business segment would be