Tinney & Smyth Inc. is considering the purchase of a new batch polymer-bonding machine for producing Crazy Rubber, a new children's toy. The machine will increase EBITDA by $215,000 per year for the next two years. The machine's purchase price is $300,000 and the salvage value at the end of two years is $46,800. The machine is classified as Class 8 with a depreciation rate of 20%. What is the depreciation tax shield in the second year of operations? Use a tax rate of 35%. Round to the nearest dollar. $ 67620 X