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Zoota is considering closing down its marketing department and outsourcing marketing services. The following costs were incurred each month to run the marketing department Allocated

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Zoota is considering closing down its marketing department and outsourcing marketing services. The following costs were incurred each month to run the marketing department Allocated administration costs (5) 15,000 Salary of marketing staff (5) 120,000 Cost of cleaning the marketing office (5) 3,000 Marketing office rent (5) 20,000 Additional information if Zoota proceeds to close down its marketing department: - 15% of the marketing staff will be deployed to other departments, and the remaining would be transferred to the new supplier - The rental contract of the office space currently occupied by the marketing department can be terminated immediately without penalties. Calculate the total cost savings from closing down the marketing department. Please incorporate a negative sign if the total is a net loss. SO Next page

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