QUESTION 20 You purchase an equipment for $300,000, which will have depreciated book value of $130,000, 5 years from now. You believe that you can sell the equipment for $110,000 when you are done with it in 5 years. The company's marginal tax rate is 30%. What is the tax effect from the sale of the asset? O A Tax savings of $ 9,000 OB. Tax due of $ 6,000 OC Tax savings of $ 6,000 OD. Tax due of $ 9,000 O E. Tax savings of $ 2,000