Question: Estimated time allowance: 4 minutes) Compute the remaining book value (RBV) of an equipment at end of year 2. The equipment costs $4,000,000 today. The

Estimated time allowance: 4 minutes) Compute the remaining book value (RBV) of an equipment at end of year 2. The equipment costs $4,000,000 today. The equipment is considered for tax purposes as a 5-year MACRS class. The MACRS table

5-year MACRS class 0.2000 0.3200 0.1920 0.1152 0.1152 0.05760

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