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An asset fitting into the 5-year MACRS category was purchased two years ago for $70,000. The book value of this asset is now________. (Do not

An asset fitting into the 5-year MACRS category was purchased two years ago for $70,000. The book value of this asset is now________. (Do not round intermediate calculations.)

a. 33,600

b. 28,400

c. 38,200

d. 47,800

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