The Jones Company has just complesed the third year of a five-year MACRS recovory period for a piece of equipmont it originally purchased for $296,000. a. What is the book value of the equipment? b. If Jones selis the equipment loday for $185,000 and its tax rate is 21%, what is the after-tax, cash fiow from seling in? Note: Assume that the equipment is pue ikto use in year 5. a. What is tive book value of the equipment? The trook value of the ecolpment ather sthe thivd yoar is A (Round to the nearest doliar) b. If Jones selis the equipment today for $185,000 and ise tox rate is 21%, what is be after-tax cash fow from selling it? The total after tax proceeds from the nsie wabef (Round to the newrest doliar)