Project requires initial asset cost of $168,000 with depreciation of that asset set as straight-line to zero over seven years. At the end of the project's four-year life the asset can be sold for $65,000. Use a combined federal and state tax rate of 24 percent. What is the aftertax salvage value?

A. $66,680 B. $66,050 C. $62,550 D. $68,100