Lawn College is considering outsourcing grounds maintenance. In this regard, Lawn has received a bid from Highline Grounds Maintenance for $307,800 per year. Highline states that its bid will cover all services and planting materials required to "keep Lawn's grounds in a condition comparable to prior years." Lawn's cost for grounds maintenance in the preceding year were $318,100, as follows: Salary of three full-time gardeners $197,800 Plant materials Fertilizer 85,300 10,200 Fuel 11,600 Depreciation of tractor, mowers, and other miscellaneous equipment 13,200 Total $318,100 If Lawn College outsources maintenance, it will be able to sell equipment for $32,700, and the three gardeners will be laid off. Analyze the one-year financial impact of outsourcing grounds maintenance. Net of outsourcing in year 1 is $ eTextbook and Media How will savings in the second year differ from those in year 1? In the second year, savings will by $ There will be a net of $