Pique Corporation wants to purchase a new machine for $294,000. Management predicts that the machine can produce sales of $203,000 each year for the next 4 years. Expenses are expected to include direct materials, direct labor, and factory overhead (excluding depreciation) totaling $68,000 per year. The firm uses straight-line depreciation with no residual value for all depreciable assets. Pique's combined income tax rate is 20%. Management requires a minimum after-tax rate of return of 9% on all investments.

What is the amount of net income (after taxes) in Year 2 of the investment? Round to the nearest whole number.