Cherry, who is single and has a 32 percent marginal tax rate, desires health insurance. The health insurance would cost Cherry $5,000 to purchase if Cherry pays for it (Cherry's AGI is too high to receive a tax deduction for the insurance as a medical expense). Cherry's employer has a 21 percent marginal tax rate. Ignoring payroll taxes, what is the maximum amount of before-tax salary Cherry would give up to receive health insurance? (Round your answer to the nearest whole number.)

Multiple Choice

• $5,000.

• $7,353.

• $15,625.

• $1,600.