A wooden storage vat, 20 ft in outside diameter, is filled with 24 ft of brine, sp gr 1.06. The wood staves are bound by flat steel bands, 2 in wide by \frac{1}{4} in thick, whose allowable stress is 16,000 psi. What is the spacing of the bands near the bottom of the vat, neglecting any initial stress? Refer to Fig. 3-16.