The $4-\mathrm{lb} \operatorname{rod} A B$ is hanging in the vertical position. A 2-lb block, sliding on a smooth horizontal surface with a velocity of $12 \mathrm{ft} / \mathrm{s}$, strikes the rod at its end $B$. Determine the velocity of the block immediately after the collision. The coefficient of restitution between the block and the rod at $B$ is $e=0.8$.