A contractor wants to buy a piece of equipment to use over 15 years and then sell it. The equipment initially cost $75,000. It provides an annual revenue of $12,000 and incurs annual expenses of $4,000. At the end of these 15 years, the contractor sells the equipment. Using the MARR of 5%, what should be the salvage value at the end of 15 years given that the Annual Worth of this equipment is $1,932.89