A company purchased a machine for $25,000 and depreciated it using straight-line depreciation for 5 years, to a salvage value of $1,000. The machine was sold for $2,000 in year 5 and brought in an income of $10,000 annually. The tax paid in the first year is equal to: O A. $7,920 OB. $5,200 C. $4,800 OD. $1,000 Reset Selection