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Question Help * X P11-6 (similar to) Book value Find the book value for the asset shown in the accompanying table, assuming that MACRS depreciation
Question Help * X P11-6 (similar to) Book value Find the book value for the asset shown in the accompanying table, assuming that MACRS depreciation is being used EEB Elapsed time Recovery Data Table periodsince purchase (years) (years) Asset Installed cost $900,000 Click on the icon located on the top-right corner of the data table below in order to copy its contents into a The remaining book value is S 153,000. (Round to the nearest dollar.) Rounded Depreciation Percentages by Recovery Year Using MACRS for First Four Property Classes Percentage by recovery year 10 years 10% 18% 14% 12% 996 8% 7 years 14% 25% 18% 12% 996 996 9% 4% 5 years 3 years 33% 45% 15% Recovery year 32% 1996 12% 12% 5% 6% 6% 6% 4% 100% 10 100% 100% 100% Totals
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