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Determine the depreciation for the first and last years in which deprecation will take place, as well as years 5 , 1 0 , and

Determine the depreciation for the first and last years in which deprecation will take place, as well as
years 5,10, and 15. For each year in which depreciation is calculated, also calculate the end-of-year
book value.
Click here to access the MACRS-GDS Property Classes.
Click here to access the MACRS-GDS percentages page.
Click here to access the MACRS-GDS percentages for 27.5-year residential rental property.
Year
Depreciation
Book Value
1
$
5
$
10
$
15
$
$
$
$
$
$
Carry all interim calculations to 5 decimal places and then round your final answers to a whole
number. Be sure to enter the number of last year in which depreciation will take place. The tolerance
for depreciation amounts is \pm 100 and the tolerance for book value amounts is +-2,000.
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