Question
calculate the following a.) The first year of depreciation on a residential rental building costing $200,000 purchased July 2, 2018. b. The second year (2019)
calculate the following
a.) The first year of depreciation on a residential rental building costing $200,000 purchased July 2, 2018.
b. The second year (2019) depreciation on a computer costing $5,000 purchased in May 2018, using the half-year convention and accelerated depreciation. Bonus depreciation was taken.
c.) The first year of depreciation on a computer costing $2,800 purchased in May 2018, using the half-year convention and straight-line depreciation with no bonus depreciation.
d.) The third year of depreciation on business furniture costing $8,000 purchased in March 2016, using the half-year convention and accelerated depreciation but no bonus depreciation.
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