Eletropaulo Ltd purchased a pizza doe-making machine for $$225,000 just on 40 years ago. The machine has a 66-year useful life and will be depreciated on a straight-line basis to 15% of the original cost. The manager intends to replace the current machine with the new one at the cost of $285,000.

If the current machine can be sold right now for $130,000, what is the after-tax salvage of the sale given the tax rate of 31.0%?