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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