assume the tax rate for all c-corporations is 21%.

Question 9 Willow Corporation sets equipment in 20x1 for $100.000. The buyer par Willow 500.000 in 20X1 and 540,000 in 20x2 Willow res a $15.000 gain on the sale of which $7.000 is Sec 1245 depreciation recapture. What total amount of gain does Wow recognise for 20x2 assuming the installment method applies? $10.200 $3.200 $6,000 $11.800