You purchased a property excatly 4 years ago for $14 million. At the time, the structure and improvements had an estimated value of $5 million. Since that time you have been depreciating the structure and improvements on a straight-line basis assuming a depreciable life of 39 years. If you sell the property today for $16 million, you will need to calculate the tax associated with the sale. Assuming a marginal tax rate of 37%, decreciation recapture tax rate of 25%, and capital gains tax rate of 15%, how much tax will you need to pay in connection with the sale?