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To launch a new project, Company FIN3610-ETRA Just spent $2,850,000 to purchase an equipment The equipment will be depreciated follow the three-year MACRS depreciation schedule.

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To launch a new project, Company FIN3610-ETRA Just spent $2,850,000 to purchase an equipment The equipment will be depreciated follow the three-year MACRS depreciation schedule. According to the three-year MACRS schedule, the depreciation percentage och year from year 1 to yoor 4 ls 33.33%, 44.45%, 14.81%, and 7.41%, respectively. Please calculate the equipment's book value in the end of Year 3. Multiple Choice $1,900,095 O $2,628,815 $211,185 $0 $633,270

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