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Decide to resell the equipment at that point in time

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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 3 years should you decide to resell the equipment at that point in time? (Hint: It's asking for book value, not after-tax salvage value)

Reference no: EM132566271

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