The condensed income statement for Northeast Products Co. for the past year is presented as follows:

	Product
	Rims	Covers	Clamps	Total
Sales	$300,000	$320,000	$340,000	$960,000
Less variable costs	180,000	190,000	220,000	590,000
Contribution margin	$120,000	$ 130,000	$120,000	$370,000
Less fixed costs	50,000	140,000	150,000	340,000
Income (loss) from operations.	$ 70,000	$ (10,000)	$ (30,000)	$ 30,000

Management is considering the discontinuance of the manufacture and sale of Clamps at the beginning of the current year. The discontinuance would have no effect on the total fixed costs and expenses or on the sales of the other products. What is the amount of change in income from operations for the current year that will result from the discontinuance of Clamps?

Group of answer choices

$150,000 decrease

$340,000 decrease

$120,000 decrease

$120,000 increase