PHP inc. is considering purchasing a security system costing $642,000. The equipment will be depreciated as 5-year property under MACRS, which provides for depreciation allowance percentages of 20%, 32%, 19.20%, 11.52%, 11.52%, and 5.76% respectively for each of the five years. What is the anticipated tax shield in year three on this equipment if the company is in the 34% marginal tax bracket?