Blackboard X & / @ Remaining Time: 1 hour, 53 minutes, 47 seconds. Question Completion Status: What kind of trade involves agreeing today on an exchange rate for settlement O Spot trade O Market trade Forward trade O Triangle trade O Complex trade QUESTION 8 MACRS RATE Recovery year 3 years 5 years 7 years 10 years 133% 20% 14% 10% 18 10 11 8 91 245 315 47 6 5 32 BQ 19 12 5 12 14 19 9 9 25 18 12 16 16 16 14 14 19 8 12 A corporation is selling an existing asset for $1,700. The asset, when purchased, cost $10,000, was being de depreciated for four full years. If the assumed tax rate is 40 percent on ordinary income and capital gains, O $0 tax liability $840 tax liability O $3,160 tax liability O $3,160 tax benefit Click Save and Submit to save and submit. Click Save All Answers to save all answers. 90 days? G