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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

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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 $880,000 Recovery period (years) 5 Elapsed time since purchase (years) 3 The remaining book value is $ (Round to the nearest dollar.)

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