This question was posted and answered wrong many times. Please, help to get it correct this time. I'll upvote. Thanks.

OLeary Engineering Corp. has been depreciating a $50,000 machine for the last 3 years. The asset was just sold for 60% of its first cost. What is the size of the recaptured depreciation or loss at disposal using the following depreciation methods? (a) Straight-line with N=8 and S=2000 (b) Double declining balance with N=8 (c) 40% bonus depreciation with the balance using 7-year MACRS