Erkens Company uses a job costing system with normal costing and applies factory overhead on the basis of machine hours. At the beginning of the year, management estimated that the company would incur $2,145,000 of factory overhead costs and use 65,000 machine hours.

Erkens Company recorded the following events during the month of April:

1. Purchased 192,000 pounds of materials on account; the cost was $5.60 per pound.
2. Issued 126,000 pounds of materials to production, of which 18,000 pounds were used as indirect materials.
3. Incurred direct labor costs of $270,000 and $46,000 of indirect labor costs.
4. Recorded depreciation on equipment for the month, $76,900.
5. Recorded expired insurance costs for the manufacturing property, $4,100.
6. Paid $9,100 cash for utilities and other miscellaneous items for the manufacturing plant.
7. Completed Job H11 costing $8,100 and Job G28 costing $80,000 during the month and transferred them to the Finished goods inventory account.
8. Shipped Job G28 to the customer during the month. The job was invoiced at 40% above cost.
9. Used 8,900 machine hours during April.

Compute the amount of overapplied or underapplied overhead and Prepare a journal entry to close overapplied or underapplied overhead into cost of goods sold on April 30.