By investing in a new truck, a shipping company can reduce its costs by $8,000 in the truck's first year of operation, with the savings reducing by $1,000 per year thereafter. The truck was purchased for $30,000 and is expected to depreciate by $12,000 in year 1,$9,000 in year 2 , $6,000 in year 3 and $3,000 in year 4 . The truck will be sold at the end of year 5 . What resale value will result in a 12% after-tax rate of rate for the company? Assume a tax rate of 34%