Find the Book Value Using the MACRS Method of Depreciation

question 59

Multiple Choice

Find the book value using the MACRS method of depreciation and the MACRS depreciation rates table. Round to the nearest dollar.
-Cost: $167,000
Recovery Period: 7-year
After: Fourth year

• A)$76,954
• B)$48,096
• C)$20,858
• D)$52,171

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Definitions:

Stationary

Items such as paper, pens, and office supplies that are designed for writing or office work and do not move.

LEO

Low Earth Orbit, referring to a satellite system orbiting relatively close to Earth, often used for telecommunications and satellite images.

MEO

Medium Earth Orbit, referring to satellites that orbit the Earth at altitudes typically ranging from 2,000 to 35,786 kilometers, used for communication and navigation.

Constant Connectivity

The state of being continuously connected to the internet or network, allowing for uninterrupted access to information and communication.