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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 Recovery period (years) Elapsed
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) Installed cost Asset Data Table $811,000 The remaining book value is $. (Round to the nearest dollar.) (Click on the icon located on the top-right comer of the data table below in order to copy its contents into a spreadsheet.) Rounded Depreclation Percentages by Recovery Year Using MACRS for First Four Property Classes Percentage by recovery year 7 years 10 years Recovery year 3 years 5 years 33% 20% 14% 10% 45% 32% 25% 18% 15% 19% 18% 14% 7% 12% 12% 12% 12% 9% 5% 9% 8% 9% 4% 6% 10 6% 11 100% Totals 100% 100% 100% "These percentages have been rounded to the nearest whole percent to simplify calculations while Print Done Enter vour ancwor in the ancwor boy and thon click Chock Ancwer
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