Question $22$

$3$ pts

Allan Services is now at the end of the final year of a project. The equipment originally cost $$19,000,$ and the remaining book value is $$4,750.$ The firm can sell the used equipment today for $$6,000,$ and its tax rate is $40\%.$ What is the tax payment if Allan Services sells the equipment today?

$$885$

$$710$

$$995$

$$500$

$$345$