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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.) $37,654

$57,054

$42,854

$47,454

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