Please answer the following:

You are analyzing the prospects of installing cost saving machinery. You have the following information: - Every year the machine generates costs savings (before taxes) of an amount $66,000. - The cost of the machinery is 180,000. - The machinery will be depreciated "straight line" for tax purposes over 5 years. That is the depreciation for tax purposes per year will be the price of the machinery divided by 5 . - The machinery will occupy space that would otherwise have been rented for $10,000 a year (before taxes are deducted). - The tax rate is 36%. What will be the increase in taxes per year from installing the machinery? (Your answer should be a positive number.)