Assume Taxpayer is an individual in the 37% marginal tax bracket before considering the following transactions that occurred during the year Determine the Incremental tax liability arising from the transactions. a. Taxpayer sold a machine that it used to make computerized gadgets for $27,300 cash. It originally bought the machine for $19,200 three years ago and has taken $8,000 depreciation. b. Taxpayer held stock in ABC Corp., which had a value of $12,000 at the beginning of the year. That same stock, which was held as an investment, had a value of $15,230 at the end of the year. c. Taxpayer sold some of its inventory for $7,000 cash. This Inventory had a basis of $5,000. d. Taxpayer disposed of an office building for $75,000. It originally bought the office building seven years ago for $62,000 and has taken $15,000 in depreciation e Taxpayer sold land it held for investment for $28,000. It originally bought the land for $32,000 two years ago Taxpayer sold a piece of manufacturing equipment for a note receivable in four annual installments of $12,000. The first payment was received in the current year. The taxpayer originally bought the machine two years ago for $32,000 and had cialmed $9,000 in depreciation expense against the machine & Taxpayer sold stock it held for eight years for $2,750. It originally purchased the stock for $2,100. h. Taxpayer sold a piece of business equipment for $7,300. It originally purchased this machine six months ago for $9,000 and has claimed 5830 in depreciation expense against the asset