The Hot Air Company is contemplating the replacement of its old printing machine with a new model costing s 6 0,000. The old machine, which originally cost $40,000, has 6 years of expected life remaining and a current book value of $ 24,000 versus a current market value of S 20,000. The firm's corporate tax rate is 40 percent. If the company sells the old machine at market value, what is the initial after-tax outlay for the new printing machine? Cash outflow must be a negative number! Round it a whole dollar and do not include the S sign