Chanveida finds a home listed for $48k. Similar homes in good condition sell for $60k. She pays $35.5k. Closing costs are $3.5k, estimated fix-up is $6k, and holding costs are $1.5k. She flips the property after 6 months for $55k. Her closing costs upon sale are 7% of the sell price. Her overall tax rate is 30%. Assume no financing is used and there is no depreciation taken. Determine the Adjusted Cost Basis. (Do not show a decimal or cents in your answer)