The following information relating to an investment in equipment has been extracted from the books of CB Ltd Ltd:

The total purchase price is $57,453; salvage value is $840 at the end of year 3. net sales revenue (relating to the equipment): Year-1 $34,000; Year-2 $28,000 and Year-3 $23,000; applicable tax rate is 32%; and the required rate of return is 11%.

If the depreciation rate is 23% straight line, calculate the tax amount in the third year relating to the sale of the equipment only.