Crane Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $ 38 throughout the country to loyal alumni of over 1,040 schools. Cranes variable costs are 38% of sales; fixed costs are $ 124,800 per month.

Crane currently sells 104,000 blankets per year. If sales volume were to increase by 12%, by how much would operating income increase? (Round answers to 0 decimal places, e.g. 25,000.) Increase in operating income $ enter the increase in operating income in dollars