$6$ points

Two years ago, Angelina's purchased some $5-$year MACRS property for $$37,800.$ Today, it is selling this property for $$26,000.$ How much tax will the firm owe on this sale if the tax rate is $30$ percent? MACRS allowance percentages are as follows:

$\backslash$table$[[$Year$,1,2,3,4,5,6],[$Percent$,20\mathrm{.}00,32\mathrm{.}00,19\mathrm{.}20,11\mathrm{.}52,11\mathrm{.}52,5\mathrm{.}76]]$

$$18,200\mathrm{.}00$

$$2,828\mathrm{.}17$

$$2,356\mathrm{.}80$

$$17,680\mathrm{.}00$

$$2,409\mathrm{.}19$

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