Bernstein Tractor Company has just invested in new equipment costing $12,000. The equipment falls in the five-year property class for cost recovery (depreciation) purposes. What depreciation charges can it claim on the asset for each of the next six years? Using the MACRS Property class depreciation rates you need to select your answer each year. 1st Year Answer 1 6th Year Answer 2 5th Year Answer 3 4th Year Answer 4 3rd Year Answer 5 2nd Year Answer 6

Bernstein Tractor Company has just invested in new equipment costing $12,000. The equipment falls in the five-year property class for Cost recovery (depreciation) purposes. What depreciation charges can it claim on the asset for each of the next six years? Using the MACRS Property Class depreciation rates you need to select your answer each year. 1st Year Choose 6th Year Choose 5th Year Choose 4th Year Choose 3rd Year Choose 2nd Year Choose