You Own Some Equipment Which You Purchased Three Years Ago

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%?

A) The tax due on the sale is $14,830.80.
B) The book value today is $8,478.
C) The book value today is $64,320.
D) The taxable amount on the sale is $38,880.
E) You will receive a tax refund of $13,219.20 as a result of this sale