Infinity Production acquired a new machine at the beginning of the current year. The machine cost $ $900$ comma $000$ with no residual value expected. Infinity uses the straightminusline method for financial$$ reporting, assuming a $6$minusyear useful life. The firm classifies the equipment as $5$minusyear MACRS property for tax purposes using the following percentages.

Year

MACRS$(\%)$

$1$

$20\mathrm{.}00\%$

$2$

$32\mathrm{.}00$

$3$

$19\mathrm{.}20$

$4$

$11\mathrm{.}52$

$5$

$11\mathrm{.}52$

$6$

$5\mathrm{.}76$

The company is subject to a $35\%$ income tax rate and has no other bookminustax differences. Income before depreciation and tax is presented$$ below:

Year

Income before Tax and Depreciation

$1$

$ $380$ comma $000$

$2$

$430$ comma $000$

$3$

$500$ comma $000$

$4$

$700,000$

$5$

$820,000$

$6$

$950,000$

What is$$ Infinity's income tax expense for year$1?$