Book value Find the book value for the asset shown in the accompanying table, assuming that MACRS depreciation is being used Asset A Installed cost $962,000 Recovery period (years) 5 Elapsed time since purchase (years) 3 The remaining book value is $ (Round to the nearest dollar.) Data Table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) - Rounded Depreciation Percentages by Recovery Year Using MACRS for First Four Property Classes Recovery year 3 years Percentage by recovery year* 5 years 7 years 10 years 1 33% 20% 14% 10% 23456789 45% 32% 25% 18% 15% 19% 18% 14% 7% 12% 12% 12% 12% 9% 9% 5% 9% 8% 9% 7% 4% 6% 6% 10 6% 4% 11 Totals 100% 100% 100% 100% ? Enter your answer in the answer box and then click Check Answer. *These percentages have been rounded to the nearest whole percent to simplify calculations while retaining realism. To calculate the actual depreciation for tax purposes, be sure to apply the actual