! Required information A company report stated that a $180,000 asset purchased 3 years ago has a current MACRS book value that is 57.6% of
! Required information A company report stated that a $180,000 asset purchased 3 years ago has a current MACRS book value that is 57.6% of the asset's basis. NOTE: This is a multi-part question. Once an answer is submitted, you will be unable to return to this part. Determine the recovery period used The recovery period is years
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