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pls answer fast I will rate you up! Professor Xavier has just purchased a new X-Jet for the X-men. The jet is loaded with all

pls answer fast I will rate you up! image text in transcribed
Professor Xavier has just purchased a new X-Jet for the X-men. The jet is loaded with all sorts of options and the original cost is $40000000. Professor Xavier figures he can sell the X-Jet to Reid Richards of the Fantastic Four in 5 years for $7000000. Assuming that the X-Jet has a 10 year useful life and/or 10 year property class what is the book value at the end of year 5 using MACRS depreciation. Answer to the nearest one dollar. Your

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