Trent, Incorporated needs an additional worker on a multiyear project. It could hire an employee for a $$67,000$ annual salary. Alternatively, it could engage an independent contractor for a $$74,000$ annual fee. Trent's income tax rate is $21$ percent.

Required:

Compute the annual after$-$tax cost of each option and indicate which minimizes the after$-$tax cost of obtaining the worker.

Note: Round all your intermediate calculations and final answers to the nearest whole dollar amount.