A project has a first cost of $200,000 and a life of 10 years. The most likely value of annual savings is $50,000. The optimistic value is $80,000 with a probability of 0.2 and the pessimistic estimate is $40,000 with a probability of 0.25 . The salvage value is $8000. The interest rate has a probability of 0.3 of being 10%, otherwise it is estimated at 15%. What is the expected value of the present worth for the project? Give the answer in 3 significant figures