Shern bought a house for $4,000 and financed it with a mortgage. 15 years later, his trouse has appreciated and is now worth $9726. He still has a remaining balance on his loan of $2625. He is considering a cash-out refinancing and getting a new mortgage at 86% LTV. How much cash will Shern be able to take out with this refi? Assume there are no costs to refinancing. State your answer as a number with two decomal points (e.g. if you get $100,000.683, write 100000.68).