Gilbert Tool is planning to purchase a new equipment that would cause $1,000,000. By the company's estimate, the new equipment would not help to generate any additional sales, but can cost operating costs by $150,000 per year before tax. The equipment falls into the MACRS 5-year class, therefore the applicable depreciation rates are 20.00%, 32.00%, 19.20%, 11.52%, 11.52% and 5.76% from year 1 to year 6, respectively. If the company's tax rate is 20%, how much is the incremental operating cash flows from this new truck in year 2? Hint: consider the after-tax cost savings and the tax shield from depreciation expenses.

A) $160,500

B) $192,500

C) $260,500

D) $292,500

E) There is not enough information to estimate the incremental cash flows.