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Fast Cars is considering a project that requires $164,600 of fixed assets that are classified as 5-year property for MACRS. What is the book value of these assets at the end of year 4? The MACRS allowance percentages are as follows, commencing with year one: 20.00, 30.00, 25.00, 9.00, and 16.00 percent.

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Category:- Financial Management
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