An in$-$place machine with B $=$ $$120,000$ was depreciated by MACRS over a $3-$year period. The machine was sold for $$60,000$ at the end of year $2$ when the company decided to import the item that required the use of the machine. In year $2,$ GI $=$ $$1\mathrm{.}4$ million and OE $=$ $$500,000.$ Determine the tax liability in year $2$ if Te $=35\%.$

Round your answer to the nearest dollar