your firm needs a computerized machine tool lathe which costs $55,000 and requires $12,500 in maintenance each year of its 3- year life. After three years, this machine will be replaced. The depreciation rate for year-4 is 7.41% and neither bonus depreciation nor section 179 expensing can be used. Assume a tax rate of 21 percent and a discount rate of 13 percent. If the lathe can be sold for $5,500 at the end of year 3, what is the after-tax salvage value? (Round your answer to two decimal places)