The following cost data relate to the office overhead costs of the Starlight Tax Preparation Company during the just-completed year:
Overhead costs incurred:
Office rent........ $ 25,000
Office supplies....... 6,000
Utilities, office....... 15,000
Salary, office manager.... 55,000
Salary, receptionist..... 35,000
Depreciation—office equipment. 10,000
Software licensing fees... 24,000
Other miscellaneous expenses. 30,000
Total overhead costs..... $200,000

The company uses a predetermined overhead rate to apply overhead cost to each tax job. The rate for the year was $6 per tax-preparer hour. A total of 35,000 tax preparer hours was recorded for the year.

Required
Compute the amount of under- or overapplied overhead cost for the year.