Derwent Ltd manufactures telecommunications equipment at its plant in Geelong. The company has marketing divisions throughout the world. A Derwent Ltd marketing division in Dallas, USA, imports 17 000 units of product B12 from Australia. The following information is available:

Australian income tax rate on the Australian divisions operating profit	30%
US income tax rate on the US divisions operating profit	44%
US import duty	15%
Variable manufacturing cost per unit of product B12	$588
Full manufacturing cost per unit of product B12	$838
Selling price (net of marketing and distribution costs) in the United States	$999

Suppose that the Australian and US tax authorities only allow transfer prices that are between the full manufacturing cost per unit of $838 and a market price of $885, based on comparable imports into the USA. The US import duty is charged on the price at which the product is transferred into the USA. Any import duty paid to the US authorities is a deductible expense for calculating US income taxes due.

Compute the after-tax operating profit earned by the Australian and US divisions from transferring 17 000 units of product B12 at market price of comparable imports. (Income taxes are not included in the calculation of the cost-based transfer prices.