Seidman Company manufactures and sells 24,000 units of product X per month Each unit of product X sells for 17 and has a contribution margin of 8 If product X is discontinued 73,000 in fixed monthly overhead costs would be eliminated and there would be no effect on the sales volume of Seidman Company's other products. If product X is discontinued, Seidman Company's monthly income before taxes should:

Decrease by $132,000.

Decrease by $222,000.

Increase by $132,000.

Increase by $222,000.