12 On July 15, 20X5, Maxwell Mann, Inc. purchases a new assembly line for $75,000. The estimated useful life is six years, and the estimated residual value is $3,000. The assembly line is considered a 7-year recovery asset. What is Maxwell's MACRS depreciation for year one, assuming Maxwell takes the 100% bonus depreciation and does not elect to take a Section 179 deduction? For MACRS rates, use the following table: TABLE 1 Equipment (partial IRS table) (Half-Year Convention, 200% Declining Balance) Year 1 2 3 4 51 6 7 8 Total Depreciation A B O $72,000 $75,000 $8,993 $9,368 3-year 5-year 7-year 33.33% 20.00% 44.45% 32.00% 24.49% 14.81% 7.41% 100% 19.20% 17.49% 11.52% 11.52% 14.29% 5.76% 100% 12.49% 8.93% 8.92% 8.93% 4.46% 100%

On luly 15, 20x5, Maxwell Mann, Inc purchases a new assembly line for $75,000. The estimated useful ife is six years, and the estimated residuat value is $3,000. The assembly line is considered a 7-year recovery asset. What is Maxwell's MACRS depreciation for year one. assuming Maxwell takes the 100\% bonus depreciation and does not elect to take a Section 179 deduction? For MACFS rates, use the following table: 572.000 575,000 58,993 59,68 12. On luly 15, 20x5, Maxwed Mann, inc purchases a new assembly line for 575.000 . The estimated useful life is sia years, and the estamated residual vatue is \$3,000. The assertbly line is considered a 7 year tecovery asset What is Maxweils MACR5 depreciation for year one. aspuming Mowweil takes the 100 k bonos deprecisvion and does not elect to take a Section 179 deductiont for MVCRS rates, ise the follewing table. 272,000 175000 7x.93 3y/4A