Lefty's just purchased some equipment that is classified as 7-year property for MACRS.The equipment cost $123,940.The MACRS table values are 0.1429,0.2449,0.1749,0.1249,and 0.0893,for Years 1 to 5,respectively.What will the book value of this equipment be at the end of 4 years?
A) $38,718.86
B) $36,036.68
C) $47,040.00
D) $44,566.04
E) $48,443.24
Correct Answer:
Verified
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