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Find the book value for the asset shown in the accompanying table, assuming that MACRS depreciation is being used LOADING... . Asset Installed cost Recovery

Find the book value for the asset shown in the accompanying table, assuming that MACRS depreciation is being used

LOADING...

.

Asset

Installed cost

Recovery

period

(years)

Elapsed time

since purchase

(years)

A

$ 841 comma 000$841,000

5

22

The remaining book value is $____

(Round to the nearest dollar.)

Rounded Depreciation Percentages by Recovery Year Using MACRS for

First Four Property Classes

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Percentage by recovery year*

Recovery year

3 years

5 years

7 years

10 years

1

3333%

2020%

1414%

1010%

2

4545%

3232%

2525%

1818%

3

1515%

1919%

1818%

1414%

4

77%

1212%

1212%

1212%

5

1212%

99%

99%

6

55%

99%

88%

7

99%

77%

8

44%

66%

9

66%

10

66%

11

44%

Totals

100100%

100100%

100100%

100100%

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