Hello! I need help answering Part B of my assignment. I followed along with Chegg and was able to answer Part A correctly, but I guess I'm not using the right formula. Can you help me with Part B?

\f(a) The cost basis is $160, 000 + $16, 000 + $17, 000 = $193, 000. The salvage value is 26% $160,000 = $41,600 So, dk = d3 = ($193, 000 $41, 600)/5 = $30,280. BV3 = $193, 000 - (4 $30,280) = $71,880. (b) BV2 = $193, 000 - (2 $30,280) = $132,440. R = 2/3, so the book value at the end of year four is, BV4 = 2 2 132,440 1 3 = $14,715.56 or $14,716 (round off) (a) The cost basis is $160, 000 + $16, 000 + $17, 000 = $193, 000. The salvage value is 26% $160,000 = $41,600 So, dk = d3 = ($193, 000 $41, 600)/5 = $30,280. BV3 = $193, 000 - (4 $30,280) = $71,880. (b) BV2 = $193, 000 - (2 $30,280) = $132,440. R = 2/3, so the book value at the end of year four is, BV4 = 2 2 132,440 1 3 = $14,715.56 or $14,716 (round off)