As part of the initial outlays to get the ABC Company up & running, they needed to purchase S625,000 in equipment. It also cost $12,356 for delivery of the equipment and S62,644 in installation costs 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): A. B. What is the "Book Value" of the asset(s) at the end of year 5 (5 points)? If ABC Company decides to sell the assets for S207,828.10 at the end of year eight (8), how much taxes would ABC Company have to pay as a result of this transaction? (5 points) C. Assumptions ABC Company breaks-even that year (realizing a profit of S0) before the sale (so the tax paid by ABC will be a result of this sale only) Capital Gains Tax Rate is 15% Ordinary Tax Rate is 29% o o o