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ABC Company purchased a 3-year MACRS property for $52,627 3 years ago. What is the current book value of this equipment? The MACRS allowance percentages
ABC Company purchased a 3-year MACRS property for $52,627 3 years ago. What is the current book value of this equipment? The MACRS allowance percentages are as follows, starting with year one: 33.33, 44.45, 14.81, and 7.41 percent.
Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box.
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