You will invest in a new $30 000 machine that has an estimated life of 3 years. It will be depreciated straight line over its 3 year life to a residual value of $0. The machine will result in sales of 2000 units in year 1 with estimated growth of 10% each year through year 3. The price per unit is $18 with a cost per unit to manufacture of $9. You need to hold 2% of annual sales in cash, 4% of annual sales in accounts receivable, 9% of annual sales in inventory, 5% of annual sales in accounts payable. You are in a 35% tax bracket and you have a cost of capital of 10%. What is the incremental unlevered net income in the first year of this project?