Abe Co. produces a part that is used in the manufacture of one of its products. The costs associated with the production of 5,000 units of this part are as follows:
|Manufacturing costs of 5,000 parts:|
|Variable Manufacturing Overhead||\$40,000|
|Fixed Manufacturing Overhead||\$100,000|
Of the fixed manufacturing overhead, \$60,000 is the maintenance of the stamping machine that would be eliminated if they buy the part. If they can find a vendor with strong quality and reliability to make the part for \$35 each, what would be the total change in profits from buying the parts?
Enter as a positive (increase to profits) or a negative amount (decrease to profits). Enter as a whole number, without dollars signs or commas.