using the macrs rates from the following table, what is the book value of a $2,500 computer after 4 years…

using the macrs rates from the following table, what is the book value of a $2,500 computer after 4 years? year macrs rate 1 20.0% 2 32.0% 3 19.2% 4 11.52% 5 11.52% 6 5.76% book value = $? round to the nearest cent.
Answer
Explanation:
Step1: Calculate total depreciation rate
First, find the sum of the MACRS - rates for the first 4 years. $20.0%+32.0% + 19.2%+11.52%=82.72%$
Step2: Calculate the remaining value rate
The remaining value rate is $100% - 82.72%=17.28%$
Step3: Calculate the book - value
Multiply the initial value of the computer by the remaining value rate. $2500\times0.1728 = 432$
Answer:
$432.00$