Question: Ellen is in the 32% marginal tax bracket when considering other income.In addition to that income, she sold machinery used in her sole proprietorship business

Ellen is in the 32% marginal tax bracket when considering other income.In addition to that income, she sold machinery used in her sole proprietorship business this year for $4,000.She bought the machinery six years ago for $11,000 and had made a Section 179 election to expense the total cost of the machinery at the time.

What is Ellen's incremental tax on this income?

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