A company is considering dropping a product line. Data from the companys budget for the upcoming year for this product line appear below:

Sales Revenue:	$459,000
Variable costs:	$188,000
Fixed manufacturing costs:	$243,000
Fixed selling and administrative costs:	$124,000

Further investigation has revealed that 56% of the fixed manufacturing costs and 38% of the fixed selling and administrative expenses are avoidable if the product were discontinued.

What would be the total annual financial impact from eliminating this product?

(Make sure to calculate the total impact, not the per-unit amount. Use a negative number to indicate a reduction in cash flows.)