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An asset fitting into the 3-year MACRS category was purchased two years ago for $115,000. The book value of this asset is now________. (Do not

An asset fitting into the 3-year MACRS category was purchased two years ago for $115,000. The book value of this asset is now________. (Do not round intermediate calculations.)

Multiple Choice

$25,553
$20,353
$30,153
$39,753

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