Fine Press is considering replacing the existing press with a more efficient press. The new press costs $65,000 and requires $15000 in installation costs. The old press was purchased 4 years ago for an installed cost of $35,000 and can be sold for $20,000 net of any removal coats today. The New Press will increase revenue by $30000 and cut costs by $10000. Both presses are depreciated under the MACRS 5-YEAR recovery schedule. The firm is in 40% marginal rate. calculate the tax effect of the sale of old machine