The Rumpel Felt Company purchased a felt press last year at a cost of $$15,000.$ The division manager reports that for $$12,000($including installation$),$ a new felt press can be bought. Both machines are in Class $43$ with a$30\%$ depreciation rate. The old machine's current market value is $$10,000.$ The new press will be used for two years and then sold for $$7,000.$ If the old press is not replaced, then it could be sold for $$2,000$ in two years. What is the present value of incremental tax shields in the terminal year? The tax rate is $40\%$ and Rumpel$$s cost of capital is $10\%.$