Assume that today is December 31, 2015. Mike Mulligan Excavation Inc. has one Caterpillar 345DL Hydraulic Excavator. It was purchased at the beginning of 2014 for $297,000. The excavator is classified as a10-year property. (MACRS depreciation rates are shown in the table Selected financial values for 2015 are shown in the table, below. Assume a corporate tax rate of 35%. What is the tax on sale in 2015 if Mike sells the 345DL at the end of 2015 for $ 148,000? (Enter any tax benefit as a negative tax.) The tax (or tax benefit for an ordinary loss) on the sale is $