26. When a firm sells an old fixed asset A. The sales price is greater than the book value B. The sales price is equal to the book value C. The sales price is less than the book value D. A, B, or C are all possibilities E. None of the above 27. If a firm sells a fixed asset for more than its book value A. The firm must pay taxes on the difference B. The firm may claim a tax deduction for the difference C. Sales of depreciated assets are not taxable events D. A, B, or C are all possibilities E. None of the above