Frances bought a car for $44,500 as a business investment opportunity. She is allowed to depreciate over 10 years and take it as business tax deduction. At the end of the 6th year she sells this car for $22,000. Compute the cumulative cash benefit after sale on this transaction. Assume that Frances can earn 4.5% after tax returns and is in 28% tax bracket. Tax rate on gain is 15%.

		$7898.67
		$7,739.25
		$7064.25
		$6842.54