The Sisyphean Corporation is considering investing in a new cane manufacturing machine that has an estimated life of three years. The cost of the machine is $$30,000$ and the machine will be depreciated straight line over its three$-$year life to a residual value of $$0.$

The cane manufacturing machine will result in sales of $2000$ canes in year $1.$ Sales are estimated to grow by $10\%$ per year each year through year three. The price per cane that Sisyphean will charge its customers is $$18$ each and is to remain constant. The canes have a cost per unit to manufacture of $$9$ each.

Assume the firm does not need to set aside any investment in net working capital for this project. The firm is in the $35\%$ tax bracket, and has a cost of capital of $10\%.$

What is the incremental unlevered net income in the first year for the Sisyphean Corporation's project? $($Two marks$)($rounded to nearest dollar$)$: