Bulld Corporation wants to purchase a new machine for $285,000 Management predicts that the machine can produce sales of $290,000 each year for the next 3 years, Expenses are expected to include direct materials, direct labor, and factory overhead (excluding depreciation) totaling $89,000 per year. The firm uses straight-line depreciation with no residual value for all depreciable assets Build's combined income tax rate is 40%. Management requires a minimum after-tax rate of return of 13% on all investments What is the amount of net income (after taxes) in Year 2 of the investment? Round to the nearest whole number