Question: which is correct? An asset fitting into the 3 -year MACRS category was purchased two years ago for $80,000. The book value of this asset

which is correct?

An asset fitting into the 3 -year MACRS category was purchased two years ago for $80,000. The book value of this asset is now Note: Do not round intermediate calculations. $17,776 $12,576 $22,376 $31,976

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