The J. Harris Corporation is considering selling one of its old assembly machines. The machine, purchased for $75,000 7 years ago, had an expected life of 15 years and an expected salvage value of zero. Assume Harris uses simplified straight-line depreciation (depreciation of $5,000 per year) and could sell this old machine for $60,000. Also assume Harris has a 33 percent marginal tax rate a. What would be the taxes associated with this sale? b. If the old machine were sold for $50,000, what would be the taxes associated with this sale? c. If the old machine were sold for $40,000, what would be the taxes associated with this sale? d. If the old machine were sold for $37,000, what would be the taxes associated with this sale?