George Washington insurance company is a large CMS intermediary that serves the Midwest states. To increase efficiency of its data processing operations the company recently purchased a large computer system for $2,700,000 and spent $241,175 to renovate a building to accommodate the new equipment. The useful life of the computer system is estimated to be eight years, at which time it could be sold for $100,000 and the equipment falls into the Macrs five year class. the company uses the straight line method to calculate book depreciation and pays tax at a rate of 34 percent. suppose the firm sells the computer equipment at the end of year 4 for $500,000. what impact would this have on the taxes paid by the company