Question: Take into account a property typically categorized as 7 - year property, with a price tag of $ 2 0 , 0 0 0 .

Take into account a property typically categorized as 7-year property, with a price tag of $20,000. Utilize the MACRS to fill out the provided table.
Year Beginning Book Value Depreciation Ending Book Value
1 $20,000.00 $ xxxx $ xxxx
2 xxxx xxxx xxxx
3 xxxx xxxx xxxx
4 xxxx xxxx xxxx
5 xxxx xxxx xxxx
6 xxxx xxxx xxxx
7 xxxx xxxx xxxx
8 xxxx xxxx xxxx

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