In 2019 Brandt-Leland reported $8,500,000 of sales, $5,000,000 of operating costs other than depreciation, and $1,330,000 of depreciation. The company had no amortization charges, it had $5,000,000 of bonds outstanding that carry a 5% interest rate, and its federal-plus-state income tax rate was 25%. 2020 data is are expected to remain unchanged except for one item, depreciation, which is expected to increase by $107,000. By how much will the net income change as a result of the change in depreciation? Note: You will need to calculate the interest expense using information provided regarding the bonds. Assume the same amount of interest will be paid during both years on the outstanding bonds.