Three years ago, you purchased some $5-$year MACRS equipment at a cost of $$180,000.$ The MACRS rates are $20$ percent, $32$ percent, $19\mathrm{.}2$ percent, $11\mathrm{.}52$ percent, $11\mathrm{.}52$ percent, and $5\mathrm{.}76$ percent for Years $1$ to $6,$ respectively. You sold the equipment today for $$89,500.$ Which of these statements is correct if your tax rate is $21$ percent and you ignore bonus depreciation?

Multiple Choice

The taxable amount of the sale is $$51,840.$

The tax due on the sale is $$7,908\mathrm{.}60.$

The book value today is $$86,400.$

The tax refund from the sale is $$2,091\mathrm{.}40.$