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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) Asset Installed cost $919,000 The remaining book value is $ (Round to the nearest dollar) Data Table table Data Table (Click on the icon located on the top-right comer of the data table below in order to copy its contents into a spreadsheet.) 45% OWN - 129 Rounded Depreciation Percentages by Recovery Year Using MACRS for First Four Property Classes Percentage by recovery year Recovery year 3 years 5 years 7 years 10 years 33% 20% 14% 10% 32% 25% 18% 15% 19% 18% 14% 12% 12% 12% 9% 9% 9% 8% 9% 79 6% 696 6% 496 Totals 1009 100% 100% 100% *These percentages have been founded to the nearest whole percent to simplify calculations while retaining realism. To calculate the actual depreciation for tax purposes, be sure to apply the actual unrounded percentages or directly apply double-declining balance (200%) depreciation using the half year convention de 4% Print Done