Question

a company pirshcaed an assest for 3000000 that will be used in a 3 year project. the assest is in the 3 year marcs class. the depricaton pwrcentage esch year is 33.33 percent, 44.45 percent, and 14.81 percent. what is book value

Answer 1

Year	Depreciable Basis	Depreciation %	Depreciation for the Year	Accumulated Depreciation	Ending Book Value
1	$        3,000,000	33.33%	$          999,900	$        999,900	$    2,000,100
2	$        3,000,000	44.45%	$ 1,333,500	$    2,333,400	$       666,600
3	$        3,000,000	14.81%	$          444,300	$    2,777,700	$       222,300
4	$        3,000,000	7.41%	$          222,300	$    3,000,000	$                   -
Total			$ 3,000,000
Note:
The question does not specify the year for which book value is required. Hence, the entire
schedule is worked out.