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5-year property class was purchased for $125,000.00. Compute the MACRS depreciation schedule 2. A A machine (7-year property class) was purchased for $85,000 four years
5-year property class was purchased for $125,000.00. Compute the MACRS depreciation schedule 2. A A machine (7-year property class) was purchased for $85,000 four years ago. a) What is the machines book value after 3 years of depreciation using MACRS 3. depreciation? b) If the machine is sold for $15,000.00 at the end of year 4 what is the recaptured depreciation/loss
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