Question
A company purchased some fixed assets four years ago at a cost of $520,000. It no longer needs these assets, so it is going to
A company purchased some fixed assets four years ago at a cost of $520,000. 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.2000,.3200,.1920,.1152,.1152, and.0576 for Years 1 to 6, respectively. What is the current book value of these assets?
| $110,592 | ||
| $103,680 | ||
| $96,768 | ||
| $89,856 | ||
| $82,944 |
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Public Private Partnerships Principles Of Policy And Finance
Authors: E. R. Yescombe
1st Edition
0750680547
