Chelonia Mydas Recently Purchased a Machine for $500 000 Three

Chelonia Mydas recently purchased a machine for $500 000 three years ago.The machine can be fully depreciated for tax purposes over 5 years.The tax rate is 30 per cent.Assume that Chelnoia decides to sell the machine for $150 000.What is the tax effect of the disposal?

A) No tax effect
B) Tax saving of $15 000
C) Tax expense of $15 000
D) Tax expense of $45 000