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Temecula Motors bought a cash register that is classified as 3-year asset for MACRS. The assets cost $9,800. What is the book value at the

Temecula Motors bought a cash register that is classified as 3-year asset for MACRS. The assets cost $9,800. What is the book value at the end of year 3?

Year

Rate

1

33.33%

2

44.45%

3

14.81%

4

7.41%

$1,451.38

$9,800

$8,348.38

$681.72

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