Sany is thinking of selling an old machine and buying a new, higher capacity machine. It purchased the old machine for $1,000,000 three years ago and depreciated it using simplified straight-line depreciation method. The life of the machine was estimated as 5 years. If Sany can sell the machine for $200,000 today, what is the tax implication from the sale of this old asset? Assume that the tax rate is 40%.Round to the nearest penny. If tax liabilities, put negative sign in front. Do not include a dollar sign in your answer. (i.e. If your answer is tax liabilites of $8,765,43, type -8765.43; if tax shield of $8,765.43, type 8765.43).