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find the remaining book value Book value Find the book value for the asset shown in the accompanying table, assuming that MACRS depreciation is being
find the remaining book value
Book value Find the book value for the asset shown in the accompanying table, assuming that MACRS depreciation is being used Recovery Elapsed time period since purchase Data Table As Installed cost years) years) 5963,000 The remaining book value in $Round to the nearest dollar) (Click on the con located on the top-right comer of the data table below in order to copy Its contents into a spreadsheet.) Rounded Depreciation Percentages by Recovery Year Using MACRS for First Four Property Classes Percentage by recovery year Recovery year 3 years 5 years 7 years 10 years 1 33% 20% 14% 10% 2 45% 32% 25% 18% 3 15% 19% 18% 14% 4 7% 12% 12% 12% 5 9% 0% 6 5% 9% 3% 7 * 7% 8 4% 6% 9 BS 10 11 Totais TOON 100% 100% TON "These percentages have been founded to the nearest whole percent to simplity calculations while retaining room. To calculate the actual depreciation for tax purposes, be sure to apply the actual urrounded percentages or directly apply double-declining balance (2005) depreciation using the hallar convention 125 Print Done Emoryouwer in the answer box and then click Check Antwer Step by Step Solution
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