We manufacture ping pong tables. We are working on a custom job of 50 tables for the University of California (our job #888). Our factory is primarily robotic so we use machine hours to allocate overhead to specific jobs. At the beginning of the year, we estimated total overhead costs for the year to be $200,000 and total machine hours to be 2,000. For job #888, our direct material costs were $2,400. Our direct labor was $1,000. We used 75 machine hours to complete job #888. If we sold job #888 for $16,000, how much is our gross profit for job #888