The depreciation deduction for year 11 of an asset with a 20 -year useful life is ($

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The depreciation deduction for year 11 of an asset with a 20 -year useful life is $\$ 4,000$. If the asset's salvage value was estimated to be zero and straight-line depreciation was 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. $\$ 80,000$

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