The Shoe Department at the El Paso Department Store is being considered for closure.

The following information relates to shoe activity:

Sales revenue	$350,000
Variable costs:
Cost of goods sold	270,000
Sales commissions	34,000
Fixed operating costs	96,000

If 80% of the fixed operating costs are avoidable, should the Shoe Department be closed?

Group of answer choices

Yes, El Paso would be better off by $30,800.

Yes, El Paso would be better off by $50,000.

No, El Paso would be worse off by $26,800.

No, El Paso would be worse off by $46,000.

None of these.