Morris Motors just purchased some MACRS 5-year property at a cost of $216,000. Which one...
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Morris Motors just purchased some MACRS 5-year property at a cost of $216,000. Which one of the following will correctly give you the book value of this equipment at the end of year 2? MACRS 5-year property Table Year Rate 1 20.00% 2 32.00% 3 19.20% 4 11.52% 5 11.52% 6 5.76% 15216,000 10.2001 61 -0.321 $216,000 10.20 +0132) O $216.000192 11526.11520576) 0 $216.000/(1+0.20 +0.32)
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