DIY Computers is considering a new project with the data shown below. The required equipment will cost $46000 (depreciable basis). It has a 4-year tax life, after which it will be worthless, and it will be depreciated by the straight-line method over its life. Revenues and other operating costs are expected to be constant over the project's life.

Sales revenues, each year $46,000

Operating cost (excl. depreciation) $30,000

Tax rate 30.0%

Calculate the project's Year 3 cash flow.