a will was written such that an estate would be divided among 4 beneficiaries with the remainder donated to charity . one stipulation in the will is that no one beneficiary can receive an amount within 20 % of another ' s amount . if one of the beneficiaries received $ 40000 , what is the smallest possible range between the highest and lowest amounts ( rounded to the nearest dollar ) among the 4 beneficiaries ?
Choose the correct option.
A) $ 12436  B) $ 13344  C) $ 71234  D) $ 15736  E) $ 19403

Rationale: 1 st - 40,000 . 2 nd - 0.8 * 40,000 = 32,000 3 rd - 0.8 * 32,000 = 25,600 4 th - 0.8 * 25,600 = ~ 20,480 range = 40,000 - 20,480 = 19520 answer : e .
Answer: E