The depreciation deduction for year 11 of a 15-year property with a 20 -year class life is \(\$ 4,000\). If the asset's salvage value is estimated to be \(\$ 5,000\) and MACRS-GDS is used to calculate the depreciation deduction for year 11 , what was the asset's initial cost?

a. \(\$ 42,105\)

b. \(\$ 67,682\)

c. \(\$ 72,682\)

d. \(\$ 80,000\)