Chapter 06 # 57 Section: 6.2 Ross Topic: Depreciation 8. Lew just purchased $67,600 of equipment that is classified as 5-year MACRS property. The MACRS rates are 20 percent, 32 percent, 19.2 percent, 11.52 percent, 11.52 percent, and 5.76 percent for Years 1 to 6, respectively. What will the book value of this equipment be at the end of four years should he decide to resell the equipment at that point in time? A. $11,681.28 B. $18,280.20 C. $17,040.00 D. $19,468.80 E. $22,672.00 AACSB: Analytical Thinking Accessibility: Keyboard Navigation Blooms: Apply Difficulty: 2 Intermediate Ross-Chapter 06 #58 Section: 6.2 Topic: Depreciation