You own some equipment that you purchased four years ago at a cost of $287,000. The equipment is five-year property for MACRS. The MACRS rates are .2, .32, .192, .1152, .1152, .0576, for Years 1 to 6, respectively. You are considering selling the equipment today for $105,000. Which one of the following statements is correct if your tax rate is 24 percent and you claim no bonus depreciation?

• A. The book value today is $49,406.40.
• B. The taxable amount on the sale is $54,593.60.
• C. The tax due on the sale is $13,357.76.
• D. The aftertax salvage value is $91,702.46
• E. The accumulated depreciation to date is $270,468.80.