Reese, a calendar$-$year taxpayer, uses the cash method of accounting for her sole proprietorship. In late December, she received a $$59,000$ bill from her accountant for consulting services related to her small business. Reese can pay the $$59,000$ bill anytime before January $30$ of next year without penalty. Assume Reese's marginal tax rate is $32$ percent this year and $35$ percent next year, and that she can earn an after$-$tax rate of return of $11$ percent on her investments.

Required:

a$.$ What is the after$-$tax cost if she pays the $$59,000$ bill in December?

b$.$ What is the after$-$tax cost if she pays the $$59,000$ bill in January? Use Exhibit $3\mathrm{.}1.$

Note: Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.

c$.$ Should Reese pay the $$59,000$ bill in December or January?

d$.$ What is the after$-$tax cost if she expects her marginal tax rate to be $24$ percent next year and pays the $$59,000$ bill in January? Use Exhibit $3\mathrm{.}1.$

Note: Round your answer to the nearest whole dollar amount.

e$.$ Should Reese pay the $$59,000$ bill in December or January if she expects her marginal tax rate to be $32$ percent this year and $24$ percent next year?

Complete this question by entering your answers in the tabs below.

Required $A$

Required B

Required C

Required $E$

What is the after$-$tax cost if she pays the $$59,000$ bill in December?

After$-$tax cost