Two years ago Agro Inc. purchased an ACE generator that cost $350,000. Agro had to pay an additional $30,000 for delivery and installation, and the investment in the generator required the firm to increase its net working capital position by 525,000 . The generator, which is being depreciated over a period of 5 years using straight line depreciation, has a current market value of $74,750. The firm's marginal tax rate is 40 percent. If the firm liquidates the asset for its current market Value, compute the after-tax proceeds from the sale of the asset. Round your answer to the nearest dollar