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You just purchased some equipment that is classified as 5-year property for MACRS. The equipment cost $151,000. What will the book value of this equipment
You just purchased some equipment that is classified as 5-year property for MACRS. The equipment cost $151,000. What will the book value of this equipment be at the end of 4 years should you decide to resell the equipment at that point in time? Do not include the $ sign, and round it to a whole dollar. MACRS 5-year property
year1) 20.00%
year 2) 32.00%
year 3)19.20%
year 4) 11.52%
year 5 )11.52%
year 6) 5.76%
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