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An asset fitting into the 7-year MACRS category was purchased 2 years ago for $70.000. The book value of this asset is now (Do not

An asset fitting into the 7-year MACRS category was purchased 2 years ago for $70.000. The book value of this asset is now (Do not round intermediate calculations.) O $37654 O $42,854 O $47.454 O $57054

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