Depreciation allowance at the end of the year 3?

book value at the end of year 3?

2. A company purchases new cement manufacturing assets that cost $15 million. This is classified in the 15 -year property class using MACRS-GDS. What would be the depreciation allowance and book value at the end of years 1 and 3 using MACRS with 50% bonus depreciation? a) Depreciation allowance at the end of year 1: [5pts] Final answer: f) Book value at the end of year 1: [5pts]