You own some equipment which you purchased three years ago at a cost of $135,000. The equipment is 5 -year property for MACRS. You are considering selling the equipment today for $82,500. Which one of the following statements is correct if your tax rate is 34\%? MACRS Y1 - Y6: 20\%; 32\%; 19.2\%; 11.52\%; 11.52%;5.76% respectively. The book value today is $64,320. The taxable amount on the sale is $38,880. The book value today is $8,478. The tax due on the sale is $14,830.80