95. Chelonia Mydas purchased a machine for $500 000 three years ago. The machine can be fully depreciated for tax purposes over 5 years. The tax rate is 30 per cent. What is the carrying amount of this machine for tax purposes? A. $200 000 B. $140 000 C. $100 000 D. $70 000 Mydas purchased a machine for $500 000 three years ago. The machine can be fully depreciated for tax purposes over 5 years. The tax rate is 30 per cent. Assume that Chelnoia decides to sell the machine for $150 000. Wha is the tax effect of the disposal? A. No tax effect B. Tax saving of $15 000 C. Tax expense of $15 000 D. Tax expense of $45 000