I time stamped it just before the bass line is more prominently featured/solo'd in the mix:

https://www.youtube.com/watch?t=224&v=zioEaqjPAGI&feature=youtu.be

Or see Prince playing it live for a bit here when he switched from Guitar to Bass Guitar for a bit:
https://www.youtube.com/watch?t=109&v=0X5heIzstfk&feature=youtu.be