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An asset fitting into the 7-year MACRS category was purchased 2 years ago for $140,000. 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 $140,000. The book value of this asset is now (Do not round intermediate calculations.)
a. $99,908
b. $90,308
c. $85,708
d. $80,508
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