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A firm purchases a machine for $250,000. The asset will be depreciated using a 3-year MACRS schedule. What is the book value of the

A firm purchases a machine for $250,000. The asset will be depreciated using a 3-year MACRS schedule. What is the book value of the asset after the third year? Year 3-year MACRS 23 4 points N $55,550 $166,675 None are correct. $18,525 33.33% 44.45% 14.81% 7.41%

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