Top-Ten Inc. is considering replacing its existing machine that is used to produce musical CDs. This existing machine was purchase 3 years ago at a base price of $60. Installation costs at the time for the machine were $1. The existing machine is considered a 3-year class for MACRS. The existing machine can be sold today for $40 and for $20 in 3 years. The new machine has a purchase price of $100 and is also considered a 3-year class for MACRS. Installation costs for the new machine are $6. The estimated salvage value of the new machine is $20. This new machine is more efficient than the existing one and thus savings before taxes using the new machine are $8 a year. The company's marginal tax rate is 20% and the cost of capital is 12%. For this project, what is the incremental cash flow in year 1 ? MACRS Fixed Annual Expense Percentages by Recovery Class For your answer, round to the nearest \$.01, do not enter the $ sign and use a negative sign in front of first number is the cash flow is negative (do not use parenthesis to indicate negative cash flows). For example, if your answer is $34.32 thon enter 34.32 . If your answer is $12.25 then enter -12.25 not (12.25). For this project, the incremental cash flow in year 1 is