$($Appendix $13$A and $13$B$)$ A company anticipates a tax$-$deductible cash expense of $$40,000$ in year $2$ of a project. The company's tax rate is $30\%,$ and its discount rate is $10\%.$ What is the approximate present value of this future cash outflow? Do not round your intermediate calculations and round the final answer to the nearest whole dollar.$)$

Multiple Choice

$$28,000$

$$23,140$

$$12,000$

$$9,917$