The Jones Company has just completed the third year of a five-year MACRS recovery period for a piece of equipment it originally purchased for $298,000. a. What is the book value of the equipment? b. If Jones sells the equipment today for $180,000 and its tax rate is 21%, what is the after-tax cash flow trom selling it? c. Just before it is about to sell the equipment, Jones receives a new order. It can take the new order if it keeps the old equipment. Is there a cost to taking the order and if so, what is it? Explain. (Assume the new order will consume the remainder of the machine's usoful life.) Note: Assume that the equipment is put into use in year 1 . a. What is the book value of the equipment? The book value of the equipment after the third year is : (Round to the nearest dollar.) b. If Janes sels the equipment today for $180,000 and its tax fate is 21%, what is the atter-tax cash flow from selling it? The total affer-tax proceeds from the sale ares (Round to the nearest dollar) c. Just before t is abou to solt the equipment, Jones receives a new order. it can take the new order in it keeps the old equipment. Is there an cost to taking the order and if so, what is it?. Explain. (Assume the new order will consume the remainder of the machine's useful He.) (Select the best choice below.) A. Yes, the cost of taking the order is the los $55.824 in book value. B. Yes, the cost of taking the creer in the lost afler tax cash flow of $160,223 trom selling the machine. C. No, Janes already owns the machine, so there is no cost to using it for the order, D. Yes, the cost of taking the order is the extra depreciation on the machine