The materials used by the Colorado Division of the Soprano Company are currently purchased from outside suppliers at $40 per unit. These same materials are produced by the Florida Division. The Florida Division can produce the materials needed by the Colorado Division at a variable cost of $25 per unit. The division is currently producing 160,000 units and has capacity of 200,000 units. The two divisions have recently negotiated a transfer price of $33 per unit for 40,000 units. By how much will each division’s income increase as a result of this transfer?