A$-$Z Technologies, a manufacturer of amplified pressure transducers, is trying to decide

between a dual$-$speed and a variable$-$speed machine. The engineers are not sure about the

salvage value of the variable$-$speed machine, so they have asked several different used$-$

equipment dealers for estimates. The results can be summarized as follows: there is a $35\%$

chance of getting $$16,000$; a $41\%$ chance of getting $$23,000$; and a $13\%$ chance of getting

$$44,000.$ Also, there is an $11\%$ chance that the company may have to pay $$5,000$ to dispose of

the equipment. Calculate the expected salvage value.

The salvage value is $