=+2 Assume Snazzy chooses to be environmentally responsible regardless of cost, and it switches to the new dye. The production manager suggests trying kaizen costing. If Snazzy can reduce fabric and labour costs each by 1% per month, how close will it be at the end of 12 months to the gross profit it would have earned before switching to the more expensive dye? (Round to the nearest dollar for calculating cost reductions.)