Suppose You Sell a Fixed Asset for $99,000 When Its

Suppose you sell a fixed asset for $99,000 when its book value is $129,000. If your company's marginal tax rate is 39 percent, what will be the effect on cash flows of this sale (i.e., what will be the after-tax cash flow of this sale) ?

A) $80,700
B) $110,700
C) $77,300
D) $84,800