3. The following calendar year information about the Tahoma Corporation is available on December 31: Advertising expense Depreciation of factory equipment Depreciation of office equipment Direct labor Factory utilities Interest expense Inventories, January 1: $28,800 42,320 10,800 142,600 35,650 6,650 Raw materials Goods in process Finished goods 3,450 17,250 35,650 Inventories, December 31: Raw materials Goods in process 2,300 20,700 31,050 132,450 41,400 51,750 16,500 Finished goods Raw materials purchases Rent on factory building Indirect labor Sales commissions The company applies overhead on the basis of 125% of direct labor costs. Calculate the amount of over-or underapplied overhead