Consider a project with an initial asset cost of $168,000. The asset will be depreciated straight-line to zero over its seven-year tax life. At the end of the project's four-year life the asset can be sold for $65,000. The tax rate is 21 percent. What is the asset's book value at the end of Year 4?

Group of answer choices

$94,000

$48,000

$24,000

$72,000

$96,000