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E Corp. just purchased an asset for $375,000. The asset is classified as a five-year asset for purposes of depreciation using MACRS. What is the

E Corp. just purchased an asset for $375,000. The asset is classified as a five-year asset for purposes of depreciation using MACRS. What is the book value of this asset at the end of the third year?

Answers:

a. $108,000

b. $72.000

c. $27,788

d. $163.988

e. $64,800

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