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Depreciation expense. Richardses' Tree Farm, Inc has just purchased a new aerial tree trimmer for $90.000 Calculate the depreciation schedule using a seven-year life (for

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Depreciation expense. Richardses' Tree Farm, Inc has just purchased a new aerial tree trimmer for $90.000 Calculate the depreciation schedule using a seven-year life (for the property class category of a single-purpose agricultural and horticultural structure from Table 10.3) for both straight-line depreciation and MACRS, ES Use the half-year convention for both methods. Compare the depreciation schedules before and after taxes using a 40% tax rate. What do you notice about the difference between these two methods? Using a seven-year life, straight-line depreciation, and the half-year convention for the first and last years, what is the annual depreciation of the trimmer? (Round to the nearest dollar) i Data Table - X MACRS Fixed Annual Expense Percentages by Recovery Class Click on this icon to download the data from this table Year 3-Year 33.33% 44 45% 14.81% 7.41% 3 5-Year 20.00% 32.00% 19.20% 11.52% 11.52% 5.76% 7-Year 14.29% 24 49% 17.49% 12.49% 893% 8.93% 8.93% 4 45% oon 10-Year 10.00% 18.00% 14.40% 11.52% 9.22% 7.37% 6.55% 6.55% 6.55% 6.55% 3.28% 7 10 Enter your answer in the answer box and til 10 parts TU remaining Print Done lack

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