Question: able 6 . 3 Depreciation under Modified Accelerated Cost Recovery System ( MACRS ) Depreciation is expressed as a percentage of the asset's initial cost.

able

6.3

Depreciation under Modified Accelerated Cost Recovery System

(

MACRS

)

Depreciation is expressed as a percentage of the asset's initial cost. These schedules are actually carries over six years because the IRS assumes the purchase is made midyear.

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