ABC Company is considering the purchase of a new equipment. The new equipment will cost $42,961 with an additional transportation and installation cost of $4,688. The new equipment has a 3-year MACRS tax life with the deprecation schedule of 33%, 45%, 15%, and 7% for Years 1 through 4. The company's tax rate is 40%. How much will the book value of the new equipment be after Year 2? Round your answer to the nearest dollar, and ignore $ sign in your answer, e.g., xx,xxx. Do not discount the depreciation amount to Year 0.