Maplewood Company must decide whether to make or buy some of its components. The costs of producing 60,100 switches for its generators are as follows.

Direct materials $30,651Variable overhead $43,873

Direct labour 42,070Fixed overhead 61,302

Instead of making the switches at an average cost of $2.96 ($177,896 60,100), the company has an opportunity to buy the switches at $2.76 per unit. If the company purchases the switches, all the variable costs and one-third of the fixed costs will be eliminated.

Using an incremental analysis whether the company should make or buy the switches. What is the total Net Income Increase (Decrease)?(Round per unit answers to 2 decimal places, e.g. 15.25. If an amount reduces the net income then enter with a negative sign preceding the number e.g. -15,000