6) A machine currently in use was originally purchased 2 years ago for $40,000. The machine is being depreciated under MACRS using a 5 -year recovery period. A new machine, using a 3-year MACRS recovery period, can be purchased at a price of $140,000 and requires $10,000 to install. Earnings before depreciation, interest, and taxes are expected to be $70,000 for year 1 with the old machine, and to be $120,000 for year 1 with the new machine. The firm is subject to a 40% tax rate. Find the incremental operating cash inflows for vear 1 only. (15 pts)