Crain Company has a manufacturing subsidiary in Singapore that produces high-end exercise equipment for U.S. consumers. The manufacturing subsidiary has total manufacturing costs of $1,480,000, plus general and administrative expenses of $348,000. The manufacturing unit selis the equipment for $2,480,000 to the U.S. marketing subsidiary, which sells it to the final consumer for an aggregate of $3,480,000. The sales subsidiary has total marketing. general, and administrative costs of $198,000. Assume that Singapore has a corporate tax rate of 17% and that the U.S. tax rate is 21%. Assume that no tax treaties or other special tax treatments apply. Required: What is the effect on Crain Company's total corporate-level taxes if the manufacturing subsidiary raises its price to the sales subsidiary by 20% ? (Do not round intermediate calculations. Input all omounts os positive values.)