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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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