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Dependable Motors just purchased some MACRS five-year property at a cost of $216,000. The MACRS rates are 2.32, and 192 for Years 1 to 3,
Dependable Motors just purchased some MACRS five-year property at a cost of $216,000. The MACRS rates are 2.32, and 192 for Years 1 to 3, respectively. Assume the firm opted to forego any bonus depreciation. Which one of the following will correctly give you the book value of this equipment at the end of Year 2? Multiple Choice $216.000/1-2-32 $216.0001-2-32 5216,000(20 32) $216.000n - 20-32 $216.000n- 201 32]
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