Western Steer purchased some three-year MACRS property three years ago.What is the current book value of this equipment if the original cost was $58,000? The MACRS allowance percentages are as follows,commencing with year 1:
33) 33,44.45,14.81,and 7.41 percent.
A) $0
B) $1,122
C) $4,298
D) $7,863
E) $8,886
Correct Answer:
Verified
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