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Fast Cars is considering a project that requires $138,000 of fixed assets that are classified...

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Finance

Fast Cars is considering a project that requires $138,000 of fixed assets that are classified as 3-year property for MACRS. What is the book value of these assets at the end of year 3? The MACRS allowance percentages are as follows, commencing with year one: 33.33%, 44.45%, 14.81%, and 7.41%.

Group of answer choices

$10010.3

$10015.6

$10109.3

$10215.6

$10225.80

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