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Company XYZ has just purchased a new piece of equipment for $71.2 thousand (depreciable basis). The company plans to depreciate the equipment according to the
Company XYZ has just purchased a new piece of equipment for $71.2 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 | Year 6 |
20% | 32% | 19% | 12% | 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).
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