Book value Find the book value for the asset shown in the accompanying table, assuming that MACRS depreciation is being used ] Recovery Elapsed time period since purchase Data table Asset Installed cost (years) (years) $849,000 4 (Click on the loon here in order to copy the contents of the data table below into a spreadsheet Rounded Depreciation Percentages by Recovery Year Using MACRS for The remaining book value is (Round to the nearest dollar) First Four Property Classes Percentage by recovery year Recovery year 3 years 5 years 7 years 10 years 33% 20% 14% 10% 2 45% 32% 25% 18% 3 15% 19 18% 14% 4 7% 12% 12% 12% 5 12% 9% 9% 6 9% 7 9% 7% 8 4% 0% 0% 10 0% 4% Total 100% 100% 100% 100% 9