Janice Lucas is the president of Miller Custom Coffee Roasters. She drives a 2017 Mercedes E300 with a fair market value of $57,500. The lease value is $14,750. Janice reported that she drove 30,200 miles during 2018, of which 9,800 were for personal reasons. The company pays all her fuel and chargers her five cents per personal mile for fuel costs. What is her 2018 valuation using the lease valuation rule?