HW Score: 0%, 7 of 7 (o complete) E: 0 of 1 pt Question Help 1-17 Cecovery year 3 years 5 years 7 years 10 years 1 33% 20% 14% 10% 2 45 32 25 18 3 15 19 18 14 4 7 12 12 12 5 12 9 9 5 2 7 8 6 9 6 10 6 11 6 7 9 9 4 A corporation is selling an existing asset for $21.000 The asset when purchased cost $10.000 was being depreciated under MACRS using a five-year recovery period and has been depreciated for four full years of the assumed tax rate is 40 percent on ordinary income and capital gains the tax effect of this transaction is