3. The RK Corporation is considering selling one of its old assembly machines. The machine, purchased for $40,000 5 years ago, had an expected life of 10years and an expected salvage value of zero. Assome R.K uses simplified straight line depreciation creating depreciation of $4,000 per year, and could sell this old machine for $45,000. Also assume a 34 percent marginal tax rate. a. What would be the taxes associated with this sale? b. If the old machine were sold for $40,000, what would be the taxes associated with this sale? c. If the old machin were sold for $17,000, what would be the taxes associated with this sale