Your firm bought an asset for $30,000. When this asset was sold several years later for $40,000, the book value was $10,000. If the corporate tax rate is 15% and any recaptured depreciation is taxed the regular corporate income tax rate as a one-time payment in the same year as it is realized (i.e. books closed calculation) and any Capital Gain is taxed at half the corporate tax rate, calculate the taxes due on this transaction