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An automated assembly robot that cost $378,000 has a depreciable life of 5 years with a $80,000 salvage value. The MACRS (Modified Accelerated Cost Recovery System) depreciation rates for years 1, 2, 3, and 6 are 20.00%, 32.00%, 19.20 %, and 5.76%, respectively. What is the book value at the end of year 3? Year 5? Year 6? The book value at the end of year 5, (in $) Round to the nearest two (2) decimal places

An automated assembly robot that cost $378,000 has a depreciable life of 5 years with a $80,000 salvage value. The MACRS (Modified Accelerated Cost Recovery System) depreciation rates for years 1, 2, 3, and 6 are 20.00%, 32.00%, 19.20 %, and 5.76%, respectively. What is the book value at the end of year 3? Year 5? Year 6? The book value at the end of year 5, (in $) Round to the nearest two (2) decimal places

Structural Analysis
Structural Analysis
6th Edition
ISBN:9781337630931
Author:KASSIMALI, Aslam.
Publisher:KASSIMALI, Aslam.
Chapter2: Loads On Structures
Section: Chapter Questions
Problem 1P
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An automated assembly robot that cost $378,000 has a depreciable life of 5 years with a $80,000 salvage value. The MACRS (Modified Accelerated Cost Recovery System) depreciation rates for years 1, 2, 3, and 6 are 20.00%, 32.00%, 19.20 %, and 5.76%, respectively. What is the book value at the end of year 3? Year 5? Year 6? The book value at the end of year 5, (in $) Round to the nearest two (2) decimal places
Transcribed Image Text:An automated assembly robot that cost $378,000 has a depreciable life of 5 years with a $80,000 salvage value. The MACRS (Modified Accelerated Cost Recovery System) depreciation rates for years 1, 2, 3, and 6 are 20.00%, 32.00%, 19.20 %, and 5.76%, respectively. What is the book value at the end of year 3? Year 5? Year 6? The book value at the end of year 5, (in $) Round to the nearest two (2) decimal places
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