The terms of the last collective agreement provided wage and benefits have resulted in costs in the final year of the contract of:

- Average Hourly Wage Rate: $30.00

- Wage Impacted Benefits: $ 4.50

- Non-Wage Impacted Benefits: $ 3.00

- Total Compensation Rate: $37.50

- Pension Plan Company Contribution of $500,000 in the first year of the new collective agreement

- Safety Boots Requirement, Company Paid, $50.00 per year per employee

Jim will need to calculate the impact of the safety boot and pension proposal on the non-wage impacted benefit calculation in the first year of the new agreement. He will assume each employee works a 40-hour week, 52 weeks per year. Calculate the new non-wage impacted benefit (NWIB that would result from accepting the unions proposals)?