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Business, 06.05.2020 00:59 mistysallaberry
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?a. $58, 467.20.b. $62, 784.00.c. $42, 336.67.d. 67, 670.40.e. $38, 532.80.
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You just purchased some equipment that is classified as five-year property for MACRS. The MACRS rate...
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