What is the book value of this asset at the end of year

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Reference no: EM131511422

A project requires $414,073 of equipment that is classified as 7-year property. What is the book value of this asset at the end of year 3 given the following MACRS depreciation allowances, starting with year one: 14.29, 24.49, 17.49, 12.49, 8.93, 8.92, 8.93, and 4.46 percent?

Round off to two decimal points

Reference no: EM131511422

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