Trent, Incorporated needs an additional worker on a multiyear project. It could hire an employee for a $83 , 000 annual salary. Alternatively, it could engage an independent contractor for a $90 , 000 annual fee. Trent's income tax rate is 21 percent. Required: Compute the annual after-tax cost of each option and indicate which minimizes the after-tax cost of obtaining the worker. Note: Round all your intermediate calculations and final answers to the nearest whole dollar amount..

1. Trent, Incorporated needs an additional worker on a multiyear project. It could hire an employee
for a $83 , 000 annual salary. Alternatively, it could engage an independent contractor for a $90 ,
000 annual fee. Trent's income tax rate is 21 percent. Required: Compute the annual after-tax
cost of each option and indicate which minimizes the after-tax cost of obtaining the worker.
Note: Round all your intermediate calculations and final answers to the nearest whole dollar
amount.