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Martin and Miller is considering a project that requires $360,000 of fixed assets that are classified as 7-year property for MACRS. What is the book

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Martin and Miller is considering a project that requires $360,000 of fixed assets that are classified as 7-year property for MACRS. What is the book value of these assets at the end of year 3? Year 1 2 3 4 5 6 7 8 Percent 14.29 24.49 17.49 12.498.93 8.93 8.93 4.45 a. $220,392 b. $189,228 c. $157,428 d. $162,309 e. $112,464

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