A 67-year-old woman is evaluated for a chronic rash under her breasts and arms, and in the groin and upper thigh region. She notes that the rash is intermittent and tends to be worse in the summer months. Medical history is significant for type 2 diabetes mellitus, hypertension, and hyperlipidemia. Medications are metformin, lisinopril, and simvastatin.

On physical examination, vital signs are normal. BMI is 39. Skin findings are shown.

The remainder of the examination is normal.

Which of the following is the most likely diagnosis?