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2) A company will buy a new machine for $18,000. The salvage value is $1,200 at the end of its life. Using the following MACRS

2) A company will buy a new machine for $18,000. The salvage value is $1,200 at the end of its life. Using the following MACRS rates, determine the depreciation schedule and complete the table below. [3 points] Calculation Depreciation Summed Dep Book value Year MACRS rate 0 1 0.28 2 0.48 3 0.19 4 0.05

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