Pique Corporation wants to purchase a new machine for $303,000. Management predicts that the machine can produce sales of $216,000 each year for the next 4 years. Expenses are expected to include direct materials, direct labor, and factory overhead (excluding depreciation) totaling $71,000 per year. The firm uses straight-line depreciation with no residual value for all depreciable assets. Pique's combined income tax rate is 40%. Management requires a minimum after-tax rate of return of 12% on all investments. What is the amount of net income (after taxes) in Year 2 of the investment? Round to the nearest whole number. Multiple Choice $125,550 $29,550. $53,550. $65,550. $41,550