Question: Bock value Find the book value for the asset shown in the accompanying lable, assurving that MACRS depreciation is boing used . table [

Bock value Find the book value for the asset shown in the accompanying lable, assurving that MACRS depreciation is boing used .
\table[[Asset,Installed cost,\table[[Recovery],[period],[(years)]],\table[[Elapsed time],[since purchase],[(years)]]],[A,$945,000,5,3]]
The remaining book value is: (Round to the nearest dolar.)
Data table
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Rounded Depreciation Percentages by Recovery Year Using MACRS for First Four Property Classes
Percentage by recovery year*
\table[[Recovery year,3 years,5 years,7 years,10 years],[1,33%,20%,14%,10%],[2,45%,32%,25%,18%],[3,15%,19%,18%,14%],[4,7%,12%,12%,12%],[5,,12%,9%,9%],[6,,5%,9%,8%],[7,,,9%,7%],[8,,,4%,6%],[9,,,,6%],[11,,,,6%],[Totals,100%,,,4%],[,100%,100%]] retairing realism. To calculate the achual depreciation for tax purposes, be sure to apply the actual unroundon. corvertages or drecty apply double-declining baiance (200%) depreciation using the haif-year corvertion.
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Bock value Find the book value for the asset

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