Cuda Marine Engines, Inc. must develop the relevant cash flows for expansion capital investment proposal. The proposed asset costs $50,000 and has installation costs of $3,000. The asset will be depreciated using the MACRS five year recovery schedule. The new equipment is expected to result in operating profits before depreciation os $25,000 per year. The firm has a 40 percent tax rate. The annual incremental after tax cash flow from operations for year 1 is?