Equipment purchased in 2006 for $34,000 must be replaced in late 2017. What is the estimated cost of the replacement equipment based on the following cost indices? End of Year 2004 2005 2006 Index End of Year 2011 2012 2013 index TITI 2007 2008 2009 2010 2014 2015 2016 2017 278 (estimated) The estimated cost of the replacement equipment based on the cost indices provided is $ (Round to the nearest dollar.)