An equipment is being sold now for $48,000. It was bought 6 years ago for $80,000 and has a current book value of $8,000 for
An equipment is being sold now for $48,000. It was bought 6 years ago for $80,000 and has a current book value of $8,000 for tax purposes. How much capital gain tax will the seller pay, if the tax rate is 15%? O A. $3,600 O B. $7,200 O C. $6,000 O D. $10,800 O E. $4,800
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