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51. years Deerfield Company had the following information for one of its items of Agricultural equipment as of January 1, 2012. Cost .... .$525,000 Estimated

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51. years Deerfield Company had the following information for one of its items of Agricultural equipment as of January 1, 2012. Cost .... .$525,000 Estimated Economic (Useful) Life. 4 years Estimated Salvage Value ..$15,000 1 What is MACRS depreciation for the 1st year? a $105,000 b. $168,000 c. $75,023 d. $128,573 e. None of the above

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