Book value Find the book value for the asset shown in the accompanying table, assuming that MACRS depreciation is being used Recovery period years) Elapsed time since purchase (years) i Data Table Asset Installed cost $900,000 The remaining book value is $ (Round to the nearest dollar.) (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) 10 years Rounded Depreciation Percentages by Recovery Year Using MACRS for First Four Property Classes Percentage by recovery year Recovery year 3 years 5 years 7 years 33% 20% 14% 45% 32% 25% 19% 12% 10 149 184 1296 79 1296 1296 9% BM 695 Totais 100% 100% 100 *These percentages have been founded to the nearest whole percent to simply calculations while retaining realism. To calculate the actual depreciation for tax purposes be sure to apply the actual unrounded percentages or directly apply double declining balance (2005) depreciation using the half-ye Enter your answer in the answer box