In fiscal Year 1 and Year 2, Bronco Inc.’s tax rate was 38%. Bronco reports income taxes using the future income tax method under ASPE. Included in Bronco’s income was warranty expense of $20,000. Bronco made warranty payments of $30,000 during Year 2. The balance in warranty payable at the end of Year 2 was $15,000. During Year 2, amortization of $30,000 for accounting purposes was expensed and CCA of $40,000 was claimed. There were no additions or disposals of capital assets. The net book value (NBV) of capital assets for the Year 1 year end was $130,000, with a corresponding undepreciated capital cost (UCC) balance of $80,000. Bronco does not own any land and has not capitalized any leased assets. What is Bronco’s Year 2 future income tax expense or recovery?