A 4-year project requires the purchase of $120 thousand of equipment that will be depreciated according to the schedule below. If the market value of the equipment is at the end of the 4-year project is $17 thousand and the company's corporate tax rate is 36%, what is the after-tax salvage value of the equipment at the end of the project?

Depreciation Schedule:

Year	1	2	3	4
Annual Depreciation Expense	$18,000	$30,000	$38,400	$14,400