An Equipment Purchased at a Cost $80,000 by a Local

An equipment purchased at a cost $80,000 by a local company is being depreciated using MACRS method as a 5-year property. At the end of four years, the management decided to sell the equipment for a modest price of $20,000. The company is in the 34% tax bracket. Compute the tax consequence on the sale of this equipment.

A) $6,800
B) $926.40
C) $2,100
D) None of these