The following information relates to next year's projected operating results of the Children's Division of Grunge Clothing Corporation: If the Children's Division is eliminated, $170,000 of the above fixed expenses could be avoided. The annual financial advantage (disadvantage) for the company of eliminating this division should be:

A) ($300,000)
B) $30,000
C) ($30,000)
D) $300,000

Fixed Expenses

Expenses that remain constant regardless of the volume of goods produced or sold within a specific time frame, like lease payments or wage bills.

Financial Advantage

A benefit gained in terms of financial health, growth, or savings that gives a business or individual a competitive edge.

Operating Results

The outcomes or the financial performance of a business's operations, often presented in the form of income statements displaying revenues, expenses, and net profits or losses.