Trail Running Company has started to produce running apparel in addition to the trail running shoes that they have manufactured for years. They feel that a departmental overhead rate would best reflect their overall manufacturing overhead usage. Based on research the following information was gathered for the upcoming​ year:Machining DepartmentFinishing DepartmentEstimated Manufacturing Overhead by Department​$800,000​$200,000Trail Running Shoes​360,000 machine hours​6,000 direct labor hoursRunning Apparel​40,000 machine hours​34,000 direct labor hoursManufacturing overhead is driven by machine hours for the machining department and direct labor hours for the finishing department. At the end of the​ year, the following information was gathered related to the production of the trail running shoes and running​ apparel:Machining DepartmentFinishing DepartmentTrail Running Shoes​362,000 hours​5,500 hoursRunning Apparel​37,000 hours​35,000 hoursHow much manufacturing overhead will be allocated to running​ apparel? (Round any intermediary calculations to the nearest cent and your final answer to the nearest​ dollar.)