ABC, Inc is planning the purchase of a new equipment which will cost $22,674. The project is expected to last for 9 years. The equipment will have a book value of $2,969 at the end of Year 9. The increase in net working capital is expected to be $2,766, all of which will be recouped at the end of the project. The project is expected to have annual operating cash flows of $17,714. What is the Total Cash Flow in Year 9 of the project if the equipment can be sold for $4,305 and the tax rate is 36%?

Note: In the last year of the project, the Total Cash Flow = Operating Cash Flow + Terminal Cash Flow

Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.