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The potential energy of an object can be calculated using the formula PE = mgh, where m is the mass (in kilograms), g is the acceleration due to gravity (approximately 9.8 m/s^2), and h is the height (in meters).
In this case, the mass of the water tank is 38,000 kilograms, the acceleration due to gravity is 9.8 m/s^2, and the height is 58 meters.
Using the formula, we can calculate the potential energy:
PE = (38,000 kg) x (9.8 m/s^2) x (58 m)
PE = 211,672,160 J
Therefore, the potential energy of the water tank is 211,672,160 J.