11) Five years ago, Paul purchased stump grinder for his tree-trimming business that cost $200,000. Since the purchase he has taken $60,000 in straight line depreciation. If he sells the grinder for $157,000, what are his tax consequences? a. Paul has $17,000 LTCG b. Paul has $17,000 of depreciation recapture taxed as ordinary income c. Paul has LTCL of $43,000 d. Paul has no tax consequences