The Road Runner Corporation is using a predetermined overhead rate of $44.60 per machine-hour that was based on estimated total fixed manufacturing overhead of $1,200,000 and 26,906 machine-hours for the period. The company incurred actual total fixed manufacturing overhead of $1,600,000 and 36,400 total machine-hours during the period. The amount of manufacturing overhead that would have been applied to all jobs during the period is closest to: