using the macrs rates from the following table, what is the book value of a $2,500 computer after 3 years…

using the macrs rates from the following table, what is the book value of a $2,500 computer after 3 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.

using the macrs rates from the following table, what is the book value of a $2,500 computer after 3 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 for 3 years

$20.0%+32.0% + 19.2%=71.2%$

Step2: Calculate remaining percentage of book - value

$100% - 71.2%=28.8%$

Step3: Calculate book - value

$2500\times0.288 = 720$

Answer:

$720.00$