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 35% marginal tax rate and uses a 7% discount rate. (A $1 discounted at a 7% discount rate at Year 1 $.935; a $1 discounted at a 7% discount rate at Year 2 = $.873.) $41,632 $40,344 O $38,922 None of the above