Galifre Educational is recalling and reissuing an outstanding bond offering. The reissued bond offering will be 14 year 5% coupon bonds. The present value of the coupons savings of the new offering is $463,927, the present value of the extra principal payment of the new offering is $465,954, and the administrative fees associated with the recall and reissue are $97,262. Thus, the net benefit (+) or cost (-) of the call and reissue for Galifre Educational is $_______.