The manager at Sio, Inc. is considering eliminating the packaging division. Sales and variable expense are traceable directly to the division. Of the administrative expenses, $10,000 are traceable to the division and would be eliminated if the division were eliminated. Sales Variable expenses Contribution margin Administrative expense Packaging division income $ 90,000 54,000 36,000 40,000 $ (4,000) What would be the effect on net income if the packaging division is eliminated?