Hyundai USA has numerous robotic welders as well as robotic checkers with vision. One underbody robotic welder was installed and is increasing productivity by 2.5% in one area. The result is a savings of $500,000 per year. Deductible expenses other than depreciation and interest associated with the installed robotic welder are only $120,000. Depreciation is $171,480 this year. Interest on borrowed money is $60,500 and no principal is paid back this year. Determine the taxable income for the year. Determine the income tax for the year assuming a income-tax rate of 25%. Determine the after-tax cash flow for the year.