Book value Find the book value for the asset shown in the accompanying table, assuming that MACRS depreciation is being used Asset A Installed cost 5815,000 Recovery period (years) 5 Elapsed time since purchase (years) 2. The remaining book value is s (Round to the nearest dollar.) 3 years Rounded Depreciation Percentages by Recovery Year Using MACRS for First Four Property Classes Percentage by recovery year* Recovery year 5 years 7 years 10 years 1 33% 20% 14% 10% 2 45% 32% 25% 18% 3 15% 19% 18% 14% 4 7% 12% 12% 12% 5 12% 9% 9% 5% 9% 8% 7 9% 7% 8 4% 9 6% 10 6% 11 4% Totals 100% 100% 100% 100% These percentages have been rounded to the nearest whole percent to simplify calculations while I AWN 6%