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An electric utility purchases large power transformer for one of its substations for $5,700,000. This is classified in the 15 year property class using MACRS-GDS.

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An electric utility purchases large power transformer for one of its substations for $5,700,000. This is classified in the 15 year property class using MACRS-GDS. What would be the depreciation allowance and book value at the end of years 1 and 10 using MACRS with 100\% bonus depreciation? Click here to access the TVM Factor Table Calculator. Depreciation allowance at the end of year 1 : million Book value at the end of year 1 : $ million Depreciation allowance at the end of year 10 : million Book value at the end of year 10 : million Carry all interim calculations to 5 decimal places and then round your final answers to 2 decimal places. Please enter your answers in millions of dollars. If an amount is zero, enter "0". The tolerance is \pm 0 . An electric utility purchases large power transformer for one of its substations for $5,700,000. This is classified in the 15 year property class using MACRS-GDS. What would be the depreciation allowance and book value at the end of years 1 and 10 using MACRS with 100\% bonus depreciation? Click here to access the TVM Factor Table Calculator. Depreciation allowance at the end of year 1 : million Book value at the end of year 1 : $ million Depreciation allowance at the end of year 10 : million Book value at the end of year 10 : million Carry all interim calculations to 5 decimal places and then round your final answers to 2 decimal places. Please enter your answers in millions of dollars. If an amount is zero, enter "0". The tolerance is \pm 0

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