QUESTION 1 Consider a 10 year MACRS asset that was purchased for $35,000. If the asset were disposed of in year 6 with a salvage value of 510,000, what is the pain or loss amount in dollar 1 2. 3 4 5 6 7 8 5 10 11 MACRS 10 YEARS 200% DB 10 18 144 1152 9.22 737 6:55 6.55 6.56 6.55 328 485 5 -1.611 25 O 1628.75 0-1 2745