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MACRS Applicable Percentage for Property Class Recovery 3-Year 5-Year 7-Year 10 -Year 15-Year 20-Year Your company has purchascd a new robot accountant for $20,398. Its

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MACRS Applicable Percentage for Property Class Recovery 3-Year 5-Year 7-Year 10 -Year 15-Year 20-Year Your company has purchascd a new robot accountant for $20,398. Its alvage value at the end of 5 years is entimated at $3,171. If in is depreciated in the 5 -year property clans under MMCits, complete the deprecation schedule and find: A. the book value at the end of year 3 8. the cumulatwe depreciation throogh the end of vear 4 C. the MACts depreciation ameunt dy in year 4 As your answer, enter the sumodA+B+C (For examples if you got 500,1000 , and 1200 for A.B, and C respectively, wou would eater 2700 ) Note this may be the same, greater than, or lower than values given in the problem. Dont let this confuse you

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