Arguello Corporation makes silly fridge magnets. Budget information regarding the current period is:

Revenue (180,000 pins at $3.05) 549,000

Direct Materials 118,000 Direct Labor 244,800

Variable Manufacturing Overhead 25,200

Fixed Manufacturing Overhead 35,000

A High Tech company approached Arguello with a special order for 3,500 magnets at a price of $3.75 per magnet.

Variable costs will be the same as the current production, and the special order will not impact the rest of the company’s orders. However, Arguello is operating at capacity and will incur an additional $5,000 in fixed manufacturing overhead if the order is accepted.

What is the differential income or loss with accepting this special order? (Show your calculation)