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. Equipment used in a project is sold earlier than expected, and therefore still has a book value of $25,000. The equipment is sold for

. Equipment used in a project is sold earlier than expected, and therefore still has a book

value of $25,000. The equipment is sold for $15,000. If the tax rate is 30%, what is the

tax effect that results from the sale of the equipment?

A. $2,800

B. $3,800

C. -$5,200

D. $3,000

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