Cub Corporation purchased an automated tube bender for $ in The tube bender, used to manufacture

folding chairs, has an estimated life of years and an estimated salvage value of $ It is year property under

the MACRS rules. Cubs taxable income for before the depreciation deduction is $ The maximum

depreciation for tax purposes in is ignore Sec. election and bonus depreciation

A $

B $

C $

 

 D $ the answer is  show a simple yet easy to understand way to get this answer.