Sophia's Employer Is Considering Paying Her Either $20,000 of Current

Sophia's employer is considering paying her either $20,000 of current salary or $40,000 of deferred compensation in 12 years.Her employer's current tax rate is 34%,but the employer expects its tax rate to be 25% 12 years from now.The employer's ATROR is 11%.If the employer waits and pays the deferred compensation,its after-tax deferred compensation expense projected to Year 12 is

A) $20,000.
B) $26,400.
C) $30,000.
D) $40,000.