Book valueFind the book value for the asset shown in the accompanying table, assuming that MACRS depreciation is being used

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Asset	Installed cost	Recovery period (years)	Elapsed time since purchase (years)
A	$800,000	5	2

The remaining book value is $ 384,000

I would like to check if my answer is correct

. (Round to the nearest dollar.)

MACR'S 1 20% 2 32% 3 19% 4 12% 5 12% 6 5%