Del Norte Brick Co. is located near the intersection of Texas, New Mexico, and Mexico. Improved access to the company's property is via a small bridge across the Rio Grande. The cost of the bridge was $640,000. Determine the depreciation and book value for year 4 according to the MACRS (Modified Accelerated Cost Recovery System) method. Year 3 1 2 3 4 5 33.33 44.45 14.81 741 Depreciation Rate(%) for Each MACRS Recovery Period in Yours =5 =7 1 = 10 =15 20.00 14.29 10.00 5.00 32.00 24.49 18.00 9.50 19 20 17:49 14.40 8.55 11.52 12:49 11.52 7.70 11.52 8.93 922 6.90 20 3.75 7.22 668 6.18 5.71 5.76 6 7 B 9 10 8.92 8.93 4.46 7.37 6.55 6.55 6.56 6.55 6.23 5.90 5.90 5.91 5.90 5.29 4.89 4.52 4.46 446 3.28 11 12 13 14 15 5.91 590 5.91 5.90 5.91 4.46 4.46 4.46 4.46 2.95 16 17-20 21 4.46 4.46 2.23 GDS MACRS Value Years ADS Range 25 3 5 6-95 7 10-15 Asset Description Personal and Real Property) Special manufacturing and handling devices, tractors racehorses Computers and peripherals, oil and gas drilling equipment, construction sets, autos, trucks, busex cargo containers, some manufacturing equipment Office furniture; some manufacturing equipment: railroad cars, engines, tracks, agricultural machin- cry, petroleum and natural gas equipment, all property not in another class Equipment for water transportation, petroleum relin- in agriculture product processing durable-goods manufacturing, shipbuilding Land improvements, docks, remads, drainage, bridges, landscapine, pipelines, muclear power production equipment, telephone distribution Municipal sewers, farm buildings, telephone switch ing buildings, power production equipment (steam and hydraulic), water utilities Residentinl rental property (house, mobile home) Nonresidential real property attached to the land, but not the land itself 10 15-19 15 20-24 20 25 50 40 27.5 39 40 The depreciation is determined to be $ The book value is determined to be $ Del Norte Brick Co. is located near the intersection of Texas, New Mexico, and Mexico. Improved access to the company's property is via a small bridge across the Rio Grande. The cost of the bridge was $640,000. Determine the depreciation and book value for year 4 according to the MACRS (Modified Accelerated Cost Recovery System) method. Year 3 1 2 3 4 5 33.33 44.45 14.81 741 Depreciation Rate(%) for Each MACRS Recovery Period in Yours =5 =7 1 = 10 =15 20.00 14.29 10.00 5.00 32.00 24.49 18.00 9.50 19 20 17:49 14.40 8.55 11.52 12:49 11.52 7.70 11.52 8.93 922 6.90 20 3.75 7.22 668 6.18 5.71 5.76 6 7 B 9 10 8.92 8.93 4.46 7.37 6.55 6.55 6.56 6.55 6.23 5.90 5.90 5.91 5.90 5.29 4.89 4.52 4.46 446 3.28 11 12 13 14 15 5.91 590 5.91 5.90 5.91 4.46 4.46 4.46 4.46 2.95 16 17-20 21 4.46 4.46 2.23 GDS MACRS Value Years ADS Range 25 3 5 6-95 7 10-15 Asset Description Personal and Real Property) Special manufacturing and handling devices, tractors racehorses Computers and peripherals, oil and gas drilling equipment, construction sets, autos, trucks, busex cargo containers, some manufacturing equipment Office furniture; some manufacturing equipment: railroad cars, engines, tracks, agricultural machin- cry, petroleum and natural gas equipment, all property not in another class Equipment for water transportation, petroleum relin- in agriculture product processing durable-goods manufacturing, shipbuilding Land improvements, docks, remads, drainage, bridges, landscapine, pipelines, muclear power production equipment, telephone distribution Municipal sewers, farm buildings, telephone switch ing buildings, power production equipment (steam and hydraulic), water utilities Residentinl rental property (house, mobile home) Nonresidential real property attached to the land, but not the land itself 10 15-19 15 20-24 20 25 50 40 27.5 39 40 The depreciation is determined to be $ The book value is determined to be $
