Ramco Tooling purchased new equipment on January 1, Year 1 for $100,000. in Year 1, Ramco took $20,000 in sec. 179 expense on the equipment and $40,000 in bonus depreciation on the equipment. In addition, it took $15,000 in regular MACRS depreciation on the equipment in Year 1.

For book purposes, Ramco estimates the useful life of the equipment is 5 years and uses straight line depreciation.

For the following scenario, determine the dollar amount of book-tax difference (if any) written as a positive number.