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Use the MACRS Depreciation Rates Table to Solve the Problem

Question 30

Multiple Choice

Use the MACRS depreciation rates table to solve the problem. Round to the nearest dollar. Use the MACRS depreciation rates table to solve the problem. Round to the nearest dollar.   -Marcus McGuire purchased a rental duplex (27.5-year property) for $101,000. Find its book value At the end of 5 years. A) $71,169 B) $79,118 C) $82,791 D) $86,463
-Marcus McGuire purchased a rental duplex (27.5-year property) for $101,000. Find its book value
At the end of 5 years.


A) $71,169
B) $79,118
C) $82,791
D) $86,463

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