Find the Book Value Using the MACRS Method of Depreciation

question 17

Multiple Choice

Find the book value using the MACRS method of depreciation and the MACRS depreciation rates table. Round to the nearest dollar.
-Cost: $309,500
Recovery Period: 7-year
After: First Year

• A)$278,550
• B)$247,600
• C)$265,272
• D)$233,703

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