Wilde Software Development has a 12% unlevered cost of equity. Wilde forecasts the following interest expenses, which are expected to grow at a constant 5% rate after Year 3. Wilde's tax rate is 25%. Interest expenses Year1: $70; Interest expenses Year2: $ 95; Interest expenses Year3: $ 135.

What is the total value of the interest tax shield at Year 0? Do not round intermediate calculations. Round your answer to the nearest cent.