Dennis purchased a machine for use in his business. Mr. Dennis' costs in connection with this purchase were as follows:   Note...

Dennis purchased a machine for use in his business. Mr. Dennis' costs in connection with this purchase were as follows:

Note to seller $33,000

Cash paid to seller 5,000

State sales tax 2,400

Freight to place of business 1,500

Wages paid to workers to install machine 4,200

What is the amount of Mr. Dennis' basis in the machine?