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A company purchased some fixed assets four years ago at a cost of $640,000. It no longer needs these assets, so it is going to

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A company purchased some fixed assets four years ago at a cost of $640,000. It no longer needs these assets, so it is going to sell them today at a price of $145,000. The assets are classified as 5 -year property for MACRS. The MACRS table values.200 0,.3200,.1920,.1152,1152, and.0576 for Years 1 to 6 , respectively. What is the current book value of these assets? $131,328 $124,416 $117,504 $110,592 $103,680

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