A company has purchased a railroad car to transport coal, Microeconomics

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A company has purchased a railroad car to transport coal

A company has purchased a railroad car to transport coal from the mines to its power plants. The company can depreciate the car using MACRS method. The book value of the car at the end of year one is $1,157,085. Determine the book value of it at the end of year 3.

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Microeconomics: A company has purchased a railroad car to transport coal

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