The Triton Company Just Purchased a $132,650 Piece of Equipment

The Triton Company just purchased a $132,650 piece of equipment that belongs in a 20% CCA class. The company has a marginal tax rate of 34% and a discount rate of 16%. What are the after-tax proceeds from the sale of this equipment if the company sells it after four years at a selling price of $61,125? (Assume that Triton has additional pieces of similar equipment.)

A) $39,650
B) $55,968
C) $59,589
D) $61,125
E) $66,032