Fanatic Co. produces a product (fan) part. The following costs are being incurred for production of the 800 units of the part needed for May 2021 manufacturing operations:

Direct materials $ 6,400

Direct labor $ 3,600

Total Factory overhead cost $ 4,000

An outside supplier offers to provide 800 parts for a purchase cost of $18 per unit (part). Note: Fixed factory overhead cost, which is 25% of total factory overheadcost, will be unaffected by the decision to purchase the part from the outside supplier.

Calculate the increase or decrease in May 2021 Net Incomeif the 800 parts are purchased for $18 per unit.