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Data, Inc. purchased some fixed assets 4 years ago at a cost of $21,650 and is selling them today at a price of $4,500. The
Data, Inc. purchased some fixed assets 4 years ago at a cost of $21,650 and is selling them today at a price of $4,500. The assets are classified as 5-year property for MACRS. The MACRS table values are 0.2000, 0.3200, 0.1920, 0.1152, 0.1152, and 0.0576 for Years 1 to 6, respectively. What is the current book value of these assets?
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