Dependable Motors just purchased some MACRS 5-year property at a cost of $216,000. The MACRS rates are. 2,.32, and. 192 for years 1 to 3, respectively. Which one of the following will correctly give you the book value of this equipment at the end of year 2? A) $216,000 / (1 +.2 +.32) B) $216,000 * (1 -.2 -.32) C) $216,000 * (.20 +.32) D) [$216,000 * (1 -.20) ] * (1 -.32) E) $216,000 / [ (1 +.20) (1 +.32) ]
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