Consider the production cost information for Mama Italiano Sauce given below:

Mama Italiano Sauce

Production Cost Budget - April 2008

Production - Jars of sauce - 20,000

Ingredient cost (variable) - $16,000

Labor cost (variable) - 9,000

Rent (fixed) - 4,000

Depreciation (fixed) - 6,000

Other (fixed) - 1,000

Total - $36,000

The company is currently producing and selling 250,000 jars of sauce annually.The jars of sauce sell for $4 per jar.The company is considering lowering the price to $3.70 per jar.Suppose this action will increase sales to 313,500 jars of sauce.What is the incremental revenue associated with the price reduction of sauce?