The Peabody Company has 7 year MACRS property with an original cost basis of $1,700,000. Calculate the ending book value at Year 4. Year MACRS% 1 2 3 4 14.29% 1429 x 24.49 .2449 x 17.49 .1749 x 12.49 Multiple Choice $955,740 $318,750 Depreciation $1,700,000 $242,930 1,700,000 = 416,330 1,700,000 = 297,330 ? Ending book value $1,457,070 $1,040,740 743,410 ?

The Peabody Company has 7 year MACRS property with an original cost basis of $1,700,000. Calculate the ending book value at Year 4 . Multiple Choice $955,740 $318750