The Target Copy Company is contemplating the replacement of its old printing machine with a new model costing $53,000. The old machine, which originally cost $34,000, has 4 years of expected life remaining and a current book value of $31,000 versus a current market value of $17,000. Target's corporate tax rate is 36 percent. If Target sells the old machine at market value, what is the initial after-tax outlay for the new printing machine?