1.A computer system purchased by Jones Company cost $45,900. Using the MACRS method, calculate the accumulated depreciation at the end of year 3. (Round all dollar amounts to the nearest cent)

a. $30,339.20

b. $33,529.81

c. $36,700.00

d. $32,680.80

2.

A drilling rig purchased by Challenge Industries should last 7 years. The purchase price was $82,500. Shipping costs were $1,567. The trade-in value is $17,870. Prepare a depreciation schedule using the 150% declining balance method, then enter the accumulated depreciation at the end of year 6 as your answer. (Round the declining balance rate to 4 decimal places, and all dollar amounts to the nearest cent)

	a.	$64,289.74
	b.	$75,823.19
	c.	$56,740.29
	d.	$81,064.61