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The initial investment in a printer is $3,100,000 for a 3-year project at Leo's Printing. The printer falls under the 3-year MACRS schedule. Find the
The initial investment in a printer is $3,100,000 for a 3-year project at Leo's Printing. The printer falls under the 3-year MACRS schedule. Find the book value of the machine at the end of the project. Annual depreciation percentages for the 3-year MACRS schedule are: 33.33%, 44.44%, 14.82%, and 7.41% respectively.
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