CovingtonManufacturing produces snow shovels. The selling price per snow shovel is $33.00. There is no beginning inventory.

Costs involved in production are:

Direct material

$5.00Direct labor

5.00Variable manufacturing overhead

4.00Total variable manufacturing costs per unit

$14.00Fixed manufacturing overhead per year

$155,150

In addition, the company has fixed selling and administrative costs of $154,600per year.

During the year,Covingtonproduces53,500snow shovels and sells48,350snow shovels.

Calculate the difference in full costing net income and variable costing net income without preparing either income statement.

Difference in net income

$____________

enter difference in net income in dollars