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Depreciation In early 2019, Sosa Enterprises purchased a new machine for $13,000 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 $13,000 to make cork stoppers for wine bottles. The machine has a 3-year recovery period and is expected to have a salvage value of $2,020. Develop a depreciation schedule for this asset using the MACRS depreciation percentages in the table 0 Complete the depreciation schedule for the asset below. (Round the percentage to the nearest integer and the depreciation to the nearest dollar) Depreciation Schedule Year Cost Percentage Depreciation (1) (2) (1) (2) 1 $13,000 (Round the percentage to the nearest integer and the depreciation to the nearest dollar) Year Depreciation Schedule Cost Percentage (1) (2) $13,000 Depreciation (1)x(2) 2 (Round the percentage to the nearest integer and the depreciation to the nearest dollar.) Depreciation Schedule Cost Year Percentage Depreciation (2) (1) (2) 3 $13,000 (Round the percentage to the nearest integer and the depreciation to the nearest dollar.) Year Depreciation Schedule Cost Percentage (1) (2) $13,000 Depreciation (1) (2) 4
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