Pharoah Manufacturing has manufacturing facilities in several locations. One of Pharoah's facilities has been showing losses over several quarters, and management is considering closing the facility. If the facility is closed, only two part-time employees will be retained by Pharoah. The annual wage of each part-time worker is $15000. This particular location has been in operation for many years. As a result, the manufacturing equipment has no resale value. Following is the most recent income statement for the facility: What would be the impact on Pharoah's overall operating income if the manufacturing facility is eliminated? Decrease by $223400 per year. Decrease by $238400 per year. Increase by $324600 per year. Increase by $86200 per year