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Bernie's Beverages purchased some fixed assets classified as 5-year property for MACRS. The assets cost $125,000. The book value of the asset at the end

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Bernie's Beverages purchased some fixed assets classified as 5-year property for MACRS. The assets cost $125,000. The book value of the asset at the end of year 3 will be $ Round it to a whole dollar. MACRS 5-year property Year 1 2 3 4 5 6 Rate 20.00% 32.00% 19.20% 11.52% 11.52% 5.76% Your

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