A company is considering the purchase of a large stamping machine that will cost exist145,000, plus exist6, 300 transportation and exist11, 700 installation charges. It is estimated that, at the end of five years, the market value of the machine will be exist48,000. The IRS has established that this machine will fall under a three-year MACRS class life category. The justifications for the machine include exist34,000 savings per year in labor and exist44,000 savings per year in reduced materials. The before-tax MARR is 20% per year, and the effective income tax rate is 40%. What is the after-tax equivalent annual worth of this investment over the five year period which ends with the sale of the machine? (Do not enter a dollar sign exist with your answer.)