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XYZ manufacturing is considering the purchase of a new lunch press. This punch press will cost...

XYZ manufacturing is considering the purchase of a new lunch press. This punch press will cost $67,581. This asset will be depreciated using an MACRS (GDS) recovery period of seven years. The book value (BV) at the end of the second year ?

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The book value (BV) at the end of the second year is $41,373.09.

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