A current asset (defender) is being evaluated for potential replacement. it was purchased 4 years ago at a cost of 62,000. it has been depreciated as a MACRS (GDS) 5 year property class asset. The corresponding depreciation rates are 20%,32%,19.2%,11.52%,11.5%,and 5.76%. The present MV of the defender is 15,000. Its remaining useful life is estimated to be 4 years, but it will require additional repair worknow(a one time 3,700 expense) to provide continuing service equivalent to the challenger. the current effective income tax rate is 25% and the after tax MARR=18% per year. Based on an outsider viewpoint what is the after tax initial investment in the defender if it is kept(not replaced now)?