Granfield Company is considering eliminating its backpack division, which reported an operating loss for the recent year of $42.900. The division sales for the year were $977,100 and the variable costs were $484.000. The fixed costs of the division were $536,000. If the backpack division is dropped, 40% of the fixed costs allocated to that division could be eliminated. The impact on Granfield's operating income for eliminating this business segment would be: Multiple Choice $278.700 increase $493.500 decrease $214,400 Increase 5278,700 decrease $493,100 increase