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Depreciation In early 2019, Sosa Enterprises purchased a new machine for $12,500 to make cork stoppers for wine bottles. The machine has a 3-year recovery
Depreciation In early 2019, Sosa Enterprises purchased a new machine for $12,500 to make cork stoppers for wine bottles. The machine has a 3-year recovery period and is expected to have a salvage value of $1,850. Develop a depreciation schedule for this asset using the MACRS depreciation percentages in the table i. Complete the depreciation schedule for the asset below: (Round the percentage to the nearest integer and the depreciation to the nearest dollar.) Depreciation Schedule Cost Percentage Year (1) Depreciation (1) (2) $12,500 (Round the percentage to the nearest integer and the depreciation to the nearest dollar.) Depreciation Schedule Cost Percentage (2) Year Depreciation (1)(2) (1) $12,500 % $ 7 (Round the percentage to the nearest integer and the depreciation to the nearest dollar.) Depreciation Schedule Cost Percentage Year Depreciation (1)(2) (1) (2) $12,500 %
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