Tinney & Smyth Inc. is considering the purchase of a new batch polymer-bonding machine for producing Crazy Rubber, a children's toy that is soft, pliable but also bouncy. The machine will increase EBITDA by $285,000 per year for the next two years. Assume that operating cash flows occur at the end of each year. The machine's purchase price is $305,000 and the salvage value at the end of two years is $51,850. The machine is classified as 3-year property. To run the Crazy Rubber production line the company will need to purchase an inventory of polydimethylsiloxane and boric acid for a total cost of end of the two years is $237,230. The tax rate is 35% What is the tax on the sale of the machine when it is sold at the end of year 22 The book value of the machine is $ (Round to the nearest dollar.) The tax on sale is $ (Round to the nearest cent. Enter any tax benefit as a negative number.)