ABC Company reports the year-end information from 2022 as follows:

Sales (150,000 units) = $600,000

Less: Cost of goods sold = 300,000

Gross profit = 300,000

Operating expenses (includes $20,000 of Depreciation) = $95,000

Net income = $205,000

ABC is developing the 2023 budget. In 2023 the company would like to increase selling prices by 10%, and as a result expects a decrease in sales volume of 5%. Other than depreciation, all operating costs are variable. Compute the difference between the amount of budgeted net income for the year 2023 and 2022 net income.