Mr. Smalls, a taxpayer in the 37% marginal tax bracket, sold three pieces of equipment and a small building on March 1, 2018. The details of these disposals are provided in the table below. All of the assets were used in a trade or business. Initial Cost Date Acquired A/D Selling Price Machine 1 $45,000 April 24, 2013 $35,000 $19,000 Machine 2 $105,000 May 2, 2012 $90,000 $24,000 Machine 3 $63,000 June 4, 2014 $12,000 $66,000 Building $400,000 April 30, 2013 $45,000 $425,000 Based on the information above, what is the incremental tax associated with these transactions?