A.) the remaining book value is $

B.) firms tax liability if it sold the machine with the different following amounts.

Percentage by recovery year* Recovery year 3 years 5 years 7 years 10 years 33% 20% 14% 10% 45% 32% 25% 18% 15% 19% 18% 14% 7% 12% 12% 12% 12% 9% 9% 5% 9% 8% 9% 7% 4% 6% 6% 10 6% 11 4% Totals 100% 100% 100% 100%Book value and taxes on sale of assets Troy Industries purchased a new machine 2 year(s) ago for $84,000. It is being depreciated under MACRS with a 5-year recovery period using the schedule (1 Assume 40% ordinary and capital gains tax rates. a. What is the book value of the machine? b. Calculate the firm's tax liability if it sold the machine for each of the following amounts: $100,800; $58,800; $40,320; and $28,200