You just purchased some equipment that is classified as 5-year property for MACRS. The equipment cost $147,000. What will the book value of this equipment be at the end of 4 years should you decide to resell the equipment at that point in time? 
A) $8,467.20
B) $25,401.60
C) $42,336.00
D) $121,598.40
E) $138,532.80
Correct Answer:
Verified
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