It costs Elmwood, Inc. $73 per unit to manufacture 1,700 units per month of a product that it can sell for $97 each. Alternatively, Elmwood could sell the units at an earlier stage of processing, which would save $34 per unit. Elmwood could sell the simpler product for $64 each. How would selling the simpler product affect Elmwood's profit?

• Profit would decrease by $56,100.

• Profit would decrease by $1,700.

• Profit would increase by $56,100.

• Profit would increase by $1,700.