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- Assume you can use 150% declining balance under MACRS with the half year convention, to depreciate the farm truck (table A-14). Please calculate the
- Assume you can use 150% declining balance under MACRS with the half year convention, to depreciate the farm truck (table A-14). Please calculate the yearly depreciation schedule for the farm truck using the recovery life from part b. Calculate the MACRS tax depreciation schedule. Note: there may be more years in the table below than you need, this depends on your answer to part b. (8 points) MACRS Depreciation Table from IRS P946 (2020) Table A-14 150\% Declinino Ralance Methode. Half Year Convention \begin{tabular}{|c|c|c|c|c|c|c|} \hline 5 & & 16.66 & 12.25 & 8.74 & 6.93 & 5.713 \\ \hline 6 & & 8.33 & 12.25 & 8.74 & 6.23 & 5.285 \\ \hline 7 & & & 12.25 & 8.74 & 5.9 & 4.888 \\ \hline 8 & & & 6.13 & 8.74 & 5.9 & 4.522 \\ \hline 9 & & & & 8.74 & 5.91 & 4.462 \\ \hline 10 & & & & 8.74 & 5.9 & 4.461 \\ \hline 11 & & & & 4.37 & 5.91 & 4.462 \\ \hline 12 & & & & & 5.9 & 4.461 \\ \hline 13 & & & & & 5.91 & 4.462 \\ \hline 14 & & & & & 5.9 & 4.461 \\ \hline 15 & & & & & 5.91 & 4.462 \\ \hline 16 & & & & & 2.95 & 4.461 \\ \hline 17 & & & & & & 4.462 \\ \hline 18 & & & & & & 4.461 \\ \hline 19 & & & & & & 4.462 \\ \hline 20 & & & & & & 4.461 \\ \hline 21 & & & & & & 2.231 \\ \hline & \begin{tabular}{l} Note: Va \\ percenta \end{tabular} & & & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline Year & \begin{tabular}{c} Remaining value at \\ beginning of year \end{tabular} & Depreciation & \begin{tabular}{c} Remaining value at \\ end of year \end{tabular} \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular}
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