The following cost data relate to the office overhead costs of the Pembina Company during the just-completed year: Overhead costs incurred: Office rent $21,000 Office supplies 4,000 Utilities, office 13,200 Salary, office manager 55,000 Salary, receptionist 29,000 Depreciation-office equipment 11,200 Software licensing fees 27,400 Other miscellaneous expenses 53,300 Total overhead costs $214,100 The company uses a predetermined overhead rate to apply overhead cost to each tax job. The rate for the year was $6.10 per tax- preparer hour. A total of 37,000 tax preparer hours was recorded for the year. Compute the amount of under- or overapplied overhead cost for the year. Overhead $