The depreciation deduction for year 11 of a 15-year property with a 20-year class life is $4,360. If the assets salvage value is estimated to be $5,450 and MACRS-GDS is used to calculate the depreciation deduction for year 11, what was the assets initial cost?

a) $73,773 b) $79,223 c) $87,200 d) $45,894