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(Capital gains tax) The J. Harris Corporation is considering selling one of its old assembly machines. The machine, puichased for $30,0007 years ago, had an

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(Capital gains tax) The J. Harris Corporation is considering selling one of its old assembly machines. The machine, puichased for $30,0007 years ago, had an expected life of 15 years and an expected salvage value of zero. Assume Harris uses simplified straight-line depreciation (depreciation of $2, 000 per year) and could sell this old machine for $36,000. Also assume Harris has a 34 percent farginal tax rate. a. What would be the taxes associated with this sale? b. If the old machine were sold for $26,000, what would be the taxes associated with this sale? c. If the old machine were sold for $16,000, what would be the taxes associaled with this sale? d. If the old machine wore sold for 513,000 , what would be the taxes associated with this sale? a. If the oid machine were sold for $30,000, there would be $ (Round to the nearest dollar and select from the drop-down menu.) b. If the old machine were sold for $26,000, there would be $. (Round to the nearest dollar and select from the drop-down menu.) c. If the oid machine were sold for $16,000, there would be 5 (Round to the nearest dollar and select from the drop-dowr menu.) d. If the old machine were sold for $13,000, there would be $. (Round to the neatest dollar and seloct from the drop.dosn menu.)

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