A company is deciding whether to lease or buy new equipment that can be purchased for $30,000. If purchased the equipment will need to be serviced at the end of each year. Consider the following information: PVCCATS - $9,000 PV of Lease Payments Tax Shield $39,000 PV of Salvage Value - $3,000 PV of Lease Payments Before tax $18.000 PV of Annual Service Costs After-tax $5,000 Based on the above information, what is the present value of buying? (Do not round Intermediate calculations. Round the final answer to 2 decimal places. Omit any commas and the sign in your response. For example, an answer of $1,000.50 should be entered as 1000.50.)