Henredon purchased a high precision programmable router for shaping furniture components for $80000. It is expected to last 12 years and have a salvage value of $38500. It is considered a MACRS 7 year property. It will produce $25000 in net revenue each year during its life. Corporate income taxes are 0.32 and the after-tax MARR is 0.04. How much in taxes will they have to pay in year 3 on the income from this machine