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Company XYZ has just purchased a new piece of equipment for $78.9 thousand (depreciable basis) The company plans to depreciate the equipment according to the

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Company XYZ has just purchased a new piece of equipment for $78.9 thousand (depreciable basis) The company plans to depreciate the equipment according to the MACRS schedule listed below MACRS Schedule: Year 1 Year 2 Year 3 Year 4 Year 5 Year6 209 | 32% 19% || 12% 11% 11 6% What is the ending book value of the equipment at the end of year 4? Enter you answer as a number with no decimal places and no commas or dollar sign Do not enter your answer in thousands (i.e. do not enter 17.1 for 17100) 2

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