Need help with A-D.

(Capital gains tax) The J. Harris Corporation is considering selling one of its old assembly machines. The machine, purchased for $20,000 6 years ago, had an expected life of 10 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 $28,000. Also assume Harris has a 32 percent marginal tax rate. a. What would be the taxes associated with this sale? b. If the old machine were sold for $18,000, what would be the taxes associated with this sale? c. If the old machine were sold for $8,000, what would be the taxes associated with this sale? d. If the old machine were sold for $5,000, what would be the taxes associated with this sale? (Capital gains tax) The J. Harris Corporation is considering selling one of its old assembly machines. The machine, purchased for $20,000 6 years ago, had an expected life of 10 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 $28,000. Also assume Harris has a 32 percent marginal tax rate. a. What would be the taxes associated with this sale? b. If the old machine were sold for $18,000, what would be the taxes associated with this sale? c. If the old machine were sold for $8,000, what would be the taxes associated with this sale? d. If the old machine were sold for $5,000, what would be the taxes associated with this sale