PROBLEM 3 (45-POINTS) Part A-You are still considering the purchase of the new bulldozer for $250,000, but before making your final decision you need to understand your tax liabilities. What is the book value for the dozer at the end of year 7, if this is 7-year MACRS property (25- points) Show all work for partial credit? PROBLEM 3 (Continued) Part B-You are aware the IRS USOS MACRS for equipment depreciation, but as a basi for comparison you are interested in the results of a straight-line depreciation calculation So, what is the unrecovered investment for the dozer at the end of year 7. if you plan to keep the dozer for 10 years and sell as salvage for $75,000 at the end of year 10 (20- points)? Show all work for partial credit