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please help with parts a through d (Capital gains tax) The J. Harris Corporation is considering selling one of its old assembly machines. The machine,

please help with parts a through d image text in transcribed
(Capital gains tax) The J. Harris Corporation is considering selling one of its old assembly machines. The machine, purchased for $30,000 5 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 $3000 per year) and could sell this old machine for 35,000 . 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 $25000, what would be the taxes associated with this sale?
c. If the old machine were sold for $15000, what would be the taxes associated with this sale?
d. If the old machine were sold for $12000, what would be the taxes associated with this sale?
The Home Comportion is coming one of its old machines. The machine purchased for $30.000 years ago pechendite of 10 years and an expected sale ore A od strane decreto depreciation of $3,000 yua and costs old machine for $35.000. Aloe Harrison marginal What would be the bed with the sale home were 25.000 What to those with this chem were 18.000 Wat would be A machine were told for 12.000, Wed with the Round so the nearest Gola and elect from the otp-down mans

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