An asset costing $40,000 is expected to last for 3 years, after which it can be sold for $16,000. The corporation tax rate is 30%. tax allowable depreciation at 25% is avallable. There is a one year lag on tax and capital expenditure occurs on the first day of a financial year. What is the cash flow (i.e. the tax benefit) in respect of tax allowable depreciation that will be used at time 3 (T3) of the net present value (NPV) calculation? A $1,688 B. \$2,250 C $5,624 D. $7,500