Transfer Pricing

Epsilon has two divisions P and Q. Division P makes a component which it can sell to division Q.
Current information for division P is as follows:

Marginal cost per unit $396
Transfer price of component $396
Total production and sales per year 4000 units
Specific fixed cost of division P $24 000 per year

Alpha Co has offered to sell the component to division Q for $350 per unit. If division Q accepts their offer, division P will be closed.

If division Q accepts Alpha Co’s offer, what will be the impact on profits per year for the group as a whole ?