Matinna Co. maintains no inventories and has the following data pertaining to one of its direct materials in July:

Standard quantity of direct materials for the units manufactured (SQ)		31,200
Direct materials purchasesactual cost	$	97,000
Standard price per unit of direct materials (SP)	$	3.00
Direct material efficiency variancefavorable	$	5,700

All materials purchased during the month were issued to production. What was the direct materials price variance for July, rounded to the nearest dollar?