The materials used by the Multinomah Division of Dolan Company are currently purchased from outside suppliers at $42 per unit. These same materials are produced by the Pembroke Division. The Pembroke Division can produce the materials needed by the Multinomah Division at a variable cost of $28 per unit. The division is currently producing 120,000 units and has capacity of 180,000 units. The two divisions have recently negotiated a transfer price of $36 per unit for 24,000 units.

By how much will each division's income increase as a result of this transfer?