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8. A cement rotary kiln serves to convert raw materials (e.g., limestone and clay) into clinker, an intermediary product state in the manufacture of

8. A cement rotary kiln serves to convert raw materials (e.g., limestone and clay) into clinker, an intermediary product state in the manufacture of cement. The plant you work, upon your recommendation, is upgrading their rotary kiln. The new kiln cost $2,000,000. Installation cost $240,000. a. Determine the adjusted cost basis of the kiln. b. What is the MACRS GDS depreciation in year 5?

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