Three Years Ago,you Purchased Some 5-Year MACRS Equipment at a Cost

Three years ago,you purchased some 5-year MACRS equipment at a cost of $135,000.The MACRS rates are 20 percent,32 percent,19.2 percent,11.52 percent,11.52 percent,and 5.76 percent for Years 1 to 6,respectively.You sold the equipment today for $82,500.Which of these statements is correct if your tax rate is 23 percent and you ignore bonus depreciation?

A) The tax due on the sale is $10,032.60.
B) The book value today is $40,478.
C) The book value today is $37,320.
D) The taxable amount on the sale is $47,380.
E) The tax refund from the sale is $13,219.40.