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Calculate Depreciation Expense, Accumulated Depreciation, and Salvage value using the following information and MACRS: Item: Copier Date Purchased and Date placed in service: 3/4/2021 Property

Calculate Depreciation Expense, Accumulated Depreciation, and Salvage value using the following information and MACRS:

Item: Copier

Date Purchased and Date placed in service: 3/4/2021

Property Type: Personal

Recovery Period: 5

Convention: Half-year

Method: 200DB

BOY Basis: $0

Additions: $25,000

Retirements: $0

EOY Basis: $25,000

BOY Accumulated Depreciation: 0

Assume the current date is January 1, 2022

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