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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%

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% Depreciation Ending book value 1 14.29 % .1429 $ 1,700,000 = $ 242,930 $ 1,457,070 2 24.49 .2449 1,700,000 = 416,330 $ 1,040,740 3 17.49 .1749 1,700,000 = 297,330 743,410 4 12.49

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