The answers to these questions are:

46) A

47) A

48) C

Can someone show how to get these answers please?

Questions 39 to 45 Three scenarios are presented on the purchase of a capital (fixed) asset today which is expected to be sold in 5 years. The tax rate is 50%. Scenario #1 Scenario #2 Scenario #3 ($) ($) A. Market Price Today 600 1,000 1,500 B. Selling Price in 5 years 800 800 700 C. Book Value in 5 years 400 500 900 ($) AA EE HH BB Find: 1. Capital gain or capital loss 2. Tax credit or liability on the capital gain or loss 3. Tax credits received or taxes payable from line 2. 4. Recaptured Depreciation or Shortfall 5. Tax liability or credit on recaptured depreciation 6. Tax credits received or taxes payable from line 5. 7. Terminal Loss CC FF DD GG JJ 46. The dollar value of HH is 150 200 300 400 47. The dollar value of Il is 150 200 300 400 800 f) 48. The dollar value of JJ is 150 200 300 400 800