Pineapple Corporation manufactures custom-made bags. The following data pertains to Job PA8: Direct materials placed into production $5,300 Direct labor hours worked 80 hours Direct labor rate per hour $50 Machine depreciation, supervisor salary $4,850 Machine hours worked 200 hours Factory overhead is applied using a plant-wide rate based on direct labor hours. Factory overhead was budgeted at $125,000 for the year, and the direct labor hours were estimated to be 2,000. Assuming that Job PA8 has been sold to the customers for $22,000 (including sales tax 12%), how much is the gross profit from Job PA8 after the company adjust the overapplied/underapplied overhead?