Joseph and Margaret Garfield invested $7,000 in a savings account paying 8% annual interest when their daughter, Angela, was born. They also deposited $1,000 on each of her birthdays until she was 16 (including her 16th birthday). Click here to view the factor table. (For calculation purposes, use decimal places as displayed in the factor table provided) How much was in the savings account on her 16th birthday (after the last deposit)? (Round answer to 2 decimal places, s. 25.25.) Amount on 16th birthday