XYZ Ltd. uses activity-based costing (ABC) to allocate overhead costs. The company identified two cost pools: machine-related costs and setup costs. If the total overhead costs for the year were $170,000, and the activity drivers and rates were as follows: 7,000 machine hours at $20 per hour and 100 setups at $1,500 per setup, calculate the overhead cost allocated to a product requiring 800 machine hours and 15 setups.