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Your employer just purchased $218,000 of equipment that is classified as five-year MACRS property. The MACRS rates are 2, 32, 192, 1152. 1152, and .0576

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Your employer just purchased $218,000 of equipment that is classified as five-year MACRS property. The MACRS rates are 2, 32, 192, 1152. 1152, and .0576 for Years 1 to 6, respectively. What will be the book value of this equipment at the end of three years assuming no bonus depreciation is taken? 22 Multiple Choice O $58,467 $62,784 $67,670 $155,216 $159,533

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