Can someone show me how to get that answer?

(6) The purchase cost of a machine is $125.000. This machine is useful for 5 years with a salvage value of S50,000. Operation of this machine results in an annual revenue of $100,000 at an annual cost of $40,000. The machine has a CCA rate of 30%. The tax rate is 40% and MARR = 15%, what is the net income in year 2? (a) $24,750; (b) $22,612; (c) $26,629; d) 816,875