Granfield Company is considering eliminating its backpack division, which reported an operating loss for the recent year of $41,800. The division sales for the year were $956,200 and the variable costs were $473,000. The fixed costs of the division were $525,000. 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 $483,200 increase $273,200 increase $273,200 decrease $483,200 decrease $210,000 increase