Mr. Liu is selling a machine for $48,000, which he used in business for two years. Liu purchased the machine with $38,000, and has deducted $19,000 MACRS depreciation when he sells it. Assuming this is the only property disposed by Mr. Liu this year, what would be Liu's after-tax cash flow for this machine sale? Liu's marginal tax rate for ordinary income is 28% and for long-term capital gain is 15%.

Round to the nearest $10