Question: Machine tool costs $ 1 , 0 0 0 , 0 0 0 , and is to be depreciated using the MACRS, as a 5

Machine tool costs $1,000,000, and is to be depreciated using the MACRS, as a 5 year asset. This company uses tax rate of 34% for studies, and the machine will be in use for 12 years.
Note that there are multiple questions based on this problem.
How much will be the book value at the end of year 2

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