Highlight Company is considering the purchase of the following computer equipment, which is considered 5-year property for tax purposes:

Acquisition cost	$420,000
Annual cash flow	$140,000
Annual operating costs	$ 31,000
Expected salvage value	$ 0
Cost of capital	11%
Tax rate	35%

Highlight Company plans to use Modified accelerated cost recovery system (MACRS) and keep the computer equipment for seven years.What would the MACRS deduction in Year 1 be? (Round your answer to the nearest dollar.)