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A wood products company has decided to purchase new logging equipment for $82,000 with a trade-in of its old equipment. The old equipment has a

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A wood products company has decided to purchase new logging equipment for $82,000 with a trade-in of its old equipment. The old equipment has a BV of $7,000 at the time of the trade-in. The new equipment will be kept for 12 years before being sold. Its estimated SV at the time is expected to be $6000. Using the MACRS (GDS recovery period), what is the depreciation charge permissible at year 6? Click the icon to view the partial listing of depreciable assets used in business. Click the icon to view the GDS Recovery Rates (rk). Choose the correct answer below. A. The depreciation charge permissible at year 6 is $5,126. B. The depreciation charge permissible at year 6 is $7,939. C. The depreciation charge permissible at year 6 is $0. D. The depreciation charge permissible at year 6 is $3,970. A wood products company has decided to purchase new logging equipment for $82,000 with a trade-in of its old equipment. The old equipment has a BV of $7,000 at the time of the trade-in. The new equipment will be kept for 12 years before being sold. Its estimated SV at the time is expected to be $6000. Using the MACRS (GDS recovery period), what is the depreciation charge permissible at year 6? Click the icon to view the partial listing of depreciable assets used in business. Click the icon to view the GDS Recovery Rates (rk). Choose the correct answer below. A. The depreciation charge permissible at year 6 is $5,126. B. The depreciation charge permissible at year 6 is $7,939. C. The depreciation charge permissible at year 6 is $0. D. The depreciation charge permissible at year 6 is $3,970

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