Book value Find the book value for the asset shown in the accompanying table assuming that MACRS depreciation is being use Asset Installed cost $825.000 Recovery period (years) 5 Elapsed time since purchase (years) 3 The remaining book value is (Round to the nearest dollar) 10 years ausheet) Rounded Depreciation Percentages by Recovery Year Using MACRS for First Four Property Classes Percentage by recovery year Recovery year 3 years 5 years 7 years 1 33% 20% 14% 10% 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% 11 4% Totals 100% 100% 100% 100% "These percentages have been rounded to the nearest whole percent to simnlify calculation whil retaininn realism Tornado DOWN