A wind turbine was constructed and placed in service by an energy company. Its cost basis is $83,000, and it has an estimated MV of $3,200 at the end of an estimated useful life of 10 years. Compute the book value (BV) at the end of the array's eighth year of life when using the DB method with switchover to SL and a DB ratio of 200%. Express your answer in terms of dollars and cents, rounded to the nearest cent (e.g., 1234.56).