Granfield Company is considering eliminating its backpack division, which reported a loss for the recent year of $50,000 as shown below. Segment Income (Loss) Sales Variable costs Contribution margin Fixed costs Income (loss) $ 992, eee 491, eee 581,000 551,eee $ (50, eee) if the backpack division is dropped, all $491,000 of its variable costs are avoidable, and $220,400 of its fixed costs are avoidable. The impact on Granfields income from eliminating this business segment would be Multiple Choice $280.600 decrease