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Wiley Electric just purchased some MACRS 5-year property at a cost of $165,000. Which one of the following will correctly give you the book value
Wiley Electric just purchased some MACRS 5-year property at a cost of $165,000. Which one of the following will correctly give you the book value of this equipment at the end of year 5? (Rates for 5 years MACRS are respectively: 20%, 32%, 19.2%, 11.52%, 11.52%, 5.76%)
$ 33,894 | ||
$33,984 | ||
$ 33,489 | ||
$ 33,000 | ||
$ 9,504 |
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