Molton Inc. made a $$60,000$ cash expenditure this year $($year $0).$ Compute the after$-$tax cost if Molton must capitalize the expenditure and amortize it ratably over three years, beginning in year $0.$ Molton has a $21\%$ marginal tax rate and uses a $8\%$ discount rate.

Year $1$ Year $2$ Year $3$

PV Factor at $8\%\mathrm{.}9259\mathrm{.}8573\mathrm{.}7938$

Group of answer choices

$$48,310$

$$47,400$

$$40,344$

$$60,000$Molton Inc. made a $$60,000$ cash expenditure this year $($year $0).$ Compute the after$-$tax

cost if Molton must capitalize the expenditure and amortize it ratably over three years,

beginning in year $0.$ Molton has a $21\%$ marginal tax rate and uses a $8\%$ discount rate.

Year $1$ Year $2$ Year $3$

PV Factor at $8\%\mathrm{.}9259.8573.7938$

$$48,310$

$$47,400$

$$40,344$

$$60,000$