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Q11. You just purchased some equipment that is classified as 5-year property for MACRS. The equipment cost $147,000. What will the book value of this

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Q11. You just purchased some equipment that is classified as 5-year property for MACRS. The equipment cost $147,000. What will the book value of this equipment at the end of 4 years should you decide to resell the equipment at that point in time? [6 pt] MACRS 5-year property Year Book value= Rate 20.00% 32.00% 19.20% 11.52% 11.52% 5.76%

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