For an asset that has B = $100,000, S = $40,000, and a 10-year depreciable life, the

Question:

For an asset that has B = $100,000, S = $40,000, and a 10-year depreciable life, the book value at the end of year 4 according to the MACRS method would be closest to ( d t values for years 1, 2, 3, 4, and 5 are 10.00%, 18.00%, 14.40%, 11.52%, and 9.22%, respectively):
(a) $58,700
(b) $62,400
(c) $53,900
(d) $46,100