5) Alliance Manufacturing purchased a new electric furnace for $290.000. Labour for installation was $7,000 and $3,000 of electrical work was done to re-wire the furnace. The furnace has a CCA rate of 30% and the firm uses the 50% rule. If the furnace is sold at the end of 5 years, compute the disposal tax effect (G) and the net salvage value for the following salvage values. Alliance's corporate tax rate is 25% and capital gains are taxed at one half of the gain. (a) $150,000 (b) $61,225.50 (c) $50,000 (d) $350,000