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 $$1,420,000,$ plus general and administrative expenses of $$342,000.$ The manufacturing unit sells the equipment for $$2,420,000$ to the U$.$S$.$ marketing subsidiary, which sells it to the final consumer for an aggregate of $$3,420,000.$ The sales subsidiary has total marketing, general, and administrative costs of $$192,000.$ 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 amounts as positive values.$)$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 amounts as positive values.$)$