Victor bought a car for $42,500 as a business investment opportunity. He is allowed to depreciate over 10 years and take it as business tax deduction. At the end of the 10 th year he sells this car for $22,000. Compute the cumulative cash benefit after sale on this transaction. Assume that Victor can earn 5\% after tax returns and is in 33\% tax bracket. Tax rate for Victor on gain is 15%. $17,640$12,674$4,718$14,340