An Elevator Leg and Transfer Conveyor used in the manufacture of grain is purchased and installed for $325,000. The equipment is placed into service on June 1" and is removed on December 15th approximately 4.5 years from the date placed in service. Salvage value is $15,000. Using MACRS, what is the book value for year 4 (B.)?

Purchasing and Supply Chain Management
6th Edition
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
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An Elevator Leg and Transfer Conveyor used in the manufacture of grain is purchased and installed for $325,000. The equipment is
placed into service on June 1st and is removed on December 15th approximately 4.5 years from the date placed in service. Salvage
value is $15,000.
Using MACRS, what is the book value for year 4 (B4)?
Transcribed Image Text:An Elevator Leg and Transfer Conveyor used in the manufacture of grain is purchased and installed for $325,000. The equipment is placed into service on June 1st and is removed on December 15th approximately 4.5 years from the date placed in service. Salvage value is $15,000. Using MACRS, what is the book value for year 4 (B4)?
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