Questi Book value Find the book value for the asset shown in the accompanying table, assuming that MACRS depreciation is being used Recovery period years) Elapsed time since purchase (years) Data Table Asset Installed cost $940,000 The remaining book value is $ (Round to the nearest dollar) (Click on the icon here in order to copy the contents of the datatable below into a spreadsheet) Rounded Depreciation Percentages by Recovery Year Using MACRS for First Four Property Classes Percentage by recovery year Recovery year 3 years 5 years 10 years 30% 20% 144 10% 32% 25% 18% 14% 12% 1941 5% 100% 100N 100% 100% "These percentages have been rounded to the nearest whole percent to simply calculations while retaining realism. To calculate the actual depreciation for tax purposes, be sure to apply the actual urrounded percentage or directly apply double-declining balance (2005) depreciation using the half year Convention Enter your answer in the answer box and then click Check Answer Print Done All parts showing