A company purchased an asset for $2,850,000 that will be used in a 3-year project. The asset is in the 3-year MACRS class. The depreciation percentage each year is 33.33 percent, 44.45 percent, and 14.81 percent, respectively. What is the book value of the equipment at the end of the project?

A) $211,185

B) $0

C) $633,270

D) $1,900,095

E) $2,638,815

Answer rating: 100% (QA)

CS Yr 1 2 3 Depreciation Rate 3333 4445 1481 Scanned w... View the full answer