As part of the initial outlays to get the ABC Company up & running, they needed to purchase $725,000 in equipment. It also cost $12,356 for delivery of the equipment and $62,644 in installation costs. A. Develop a depreciation table for the asset(s) utilizing the 7-year MACRS schedule found in Table A-1 of IRS Pub 946 (5 points): B. What is the Book Value of the asset(s) at the end of year 7 (5 points)? C. If ABC Company decides to sell the assets for $100,000 at the end of year nine (9), how much taxes would ABC Company have to pay as a result of this transaction? (5 points) Assumptions: o ABC Company breaks-even that year (realizing a profit of $0) before the sale (so the tax paid by ABC will be a result of this sale only) o Capital Gains Tax Rate is 15% o Ordinary Tax Rate is 29%