The galaxy Corporation disposes a capital asset with an original cost of $220,000 and accumulated depreciation of $111,000 for $50,000. The company's tax rate is 40%. Calculate the after-tax cash inflow from the disposal of the capital asset. A) $109,000 OB) $23,600 C) ($23,600) OD) $73,600

The galaxy Corporation disposes a capital asset with an original cost of $220.000 and accumulated depreciation of $111,000 for $50,000. The company's tax rate is 40\%. Calculate the after-tax cash inflow from the disposal of the capital asset. A) $109,000 B) $23,600 C) ($23,600) D) $73,600