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You just purchased some equipment that is classified as five-year property for MACRS. The MACRS rates are .2, 32, .192, 1152, 1152, and .0576 for

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You just purchased some equipment that is classified as five-year property for MACRS. The MACRS rates are .2, 32, .192, 1152, 1152, and .0576 for Years 1 to 6, respectively. The equipment cost $218,000. What will the book value of this equipment be at the end of 3 years should you decide to resell the equipment at that point in time? OA) $58,467.20 B) $38,532.80 C) $62,784.00 OD) $67,670.40 O E) $42,336.67

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