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Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301 Exercise 34
An asset that was depreciated over a 5-year period by the MACRS method had a BV of $33,025 at the end of year 3. If the MACRS depreciation rates for years 1, 2, and 3, were 0.20, 0.32, and 0.192, respectively, the basis of the asset was closest to:
a) $158,000
b) $172,000
c) $185,000
d) $193,000
a) $158,000
b) $172,000
c) $185,000
d) $193,000
Explanation
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Verified
Based on the given information, the basi...
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
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