A company with $4.8 million in credit sales per year plans to relax its credit standards, projecting that this will increase credit sales by $720,000. The companys average collection period for new customers is expected to be 75 days, and the payment behavior of the existing customers is not expected to change. Variable costs are 80% of sales. The firms opportunity cost is 20% before taxes. Assuming a 360-day year, what is the companys benefit (loss) from the planned change in credit terms?