The tax forms of acquisitions Bill Evans started SM 15 years ago and buy the equipment by $80,000.The assets have been depreciated using the straight-line method over 10 years and have no salvage value.Because of inflation,the fair market value of the machinery is $200,000.Another company has bid $200,000 for all of the outstanding stock of SM. slide 6slide 6 The tax forms of acquisitions The tax forms of acquisitions Bill Evans started SM 15 years ago and buy the equipment by $80,000. The assets have been depreciated using the straight-line method over 10 years and have no salvage value. Because of inflation, the fair market value of the machinery is $200,000. Another company has bid $200,000 for all of the outstanding stock of SM