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 $293,000. The excavator is classified as a 10-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 $224,000? 0 Selected Financial Values 2015 Mike Mulligan Excavations Inc. Sales Cost of Goods Sold S. G&A $2,453,000 $1,033,000 $818,600 The tax on the sale is $. (Round to the nearest dollar.)