The Peabody Company has 7 year MACRS property with an original cost basis of $1,700,000. Calculate the ending book value at Year 4.   Year MACRS% Depreciation Ending book value 1 14.29 % .1429 × $ 1,700,000 = $ 242,930   $ 1,457,070   2 24.49   .2449 ×   1,700,000 =   416,330   $ 1,040,740   3 17.49   .1749 ×   1,700,000 =   297,330     743,410   4 12.49   ?   ?

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