Determine the total first-year cost of car ownership for Milagros. She just purchased a vehicle valued for $21,550 with the following costs:

Auto Loan : Amount, $21,550; Duration, 4 years; APR, 7.50 percent

Property Taxes : 2.37 percent of vehicle value/year

Sales Taxes : 1.94 percent of the sales price

Title and Tags : $23.61/year

Insurance : $1,885.78/year

Maintenance and Usage : $1,752.41/year

The first-year cost of ownership for a vehicle valued and purchased for $21,550 is $____.