Book value Find the book value for the asset shown in the accompanying table, assuming that MACRS depreciation is being used E Asset Installed cost $990,000 Recovery period (years) 5 Elapsed time since purchase (years) 3 A The remaining book value is $ (Round to the nearest dollar.) Data Table 1 3 (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) 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 10 years 33% 20% 14% 10% 2 45% 32% 25% 18% 15% 19% 18% 14% 4 12% 12% 12% 12% 9% 9% 6 5% 8% 7 9% 7% 8 4% 6% 9 6% 10 6% 11 4% Totals 100% 100% 100% 100% *These percentages have been rounded to the nearest whole nercent to simplify calculations while 7% 5 9% Print Done