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26 A company purchased an asset for $2.800.000 that will be used in a 3 -year project. The asset is in the 3-year MACR5 class.
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A company purchased an asset for $2.800.000 that will be used in a 3 -year project. The asset is in the 3-year MACR5 class. The depreciation percentase each year is 33.33 percent, 44.45 percent, and 14.81 percent, respectively. What is the book value of the equipment at the end of the project? 50 52.592520 5207490 5622,160 $1866,760 Step by Step Solution
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