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A project requires $256,625 of equipment that classified as 7-year

Question : A project requires $256,625 of equipment that classified as 7-year : 1482

A project requires $256,625 of equipment that is classified as 7-year property. What is the book value of this asset at the end of year 3 given the following MACRS depreciation allowances, starting with year one: 14.29, 24.49, 17.49, 12.49, 8.93, 8.92, 8.93, and 4.46 percent?

 

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