ABC Company purchased $72,135 of equipment 4 years ago. The equipment is 7-year MACRS property. The firm is selling this equipment today for $4,677. What is the After-tax Salvage Value if the tax rate is 24%?

The MACRS allowance percentages are as follows, commencing with year one: 14.29, 24.49, 17.49, 12.49, 8.93, 8.92, 8.93, and 4.46 percent.

Enter your answer rounded off to two decimal points.