Sheridan Corporation purchased a special tractor on December 31, 2020. The purchase agreement stipulated that Sheridan should pay $21,330 at the time of purchase and $5,060 at the end of each of the next 8 years. The tractor should be recorded on December 31, 2020, at what amount, assuming an appropriate interest rate of 12%7 (Round factor values to 5 decimal places, eg. 1.25124 and final answer to decimal places, eg.458,581.) Cost of tractor to be recorded $