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Englehard purchases a slurry-based separator for the mining of the clay that costs $800.000 and has an estimated useful life of 10 years, a MACRS-GDS

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Englehard purchases a slurry-based separator for the mining of the clay that costs $800.000 and has an estimated useful life of 10 years, a MACRS-GDS property class of 7 years, and an estimated salvage value of $60,000 after 10 years. It was financed using a $195,000 down payment and a loan of $605,000 over a period of 5 years with interest at 10%, Loan payments are made in equal annual amounts (principal plus interest) over the 5 years. a. What is the amount of the MACRS-GDS depreciation taken in the 3 rd year? Depreciation =$ b. What is the book value at the end of the 3rd year? Bookvalue =$ c. Returning to the original situation, what is the amount of the MACRS-GDS depreciation taken in the 3rd year if the separator is also sold during the 3 rd year? Depreciation =$ Englehard purchases a slurry-based separator for the mining of the clay that costs $800.000 and has an estimated useful life of 10 years, a MACRS-GDS property class of 7 years, and an estimated salvage value of $60,000 after 10 years. It was financed using a $195,000 down payment and a loan of $605,000 over a period of 5 years with interest at 10%, Loan payments are made in equal annual amounts (principal plus interest) over the 5 years. a. What is the amount of the MACRS-GDS depreciation taken in the 3 rd year? Depreciation =$ b. What is the book value at the end of the 3rd year? Bookvalue =$ c. Returning to the original situation, what is the amount of the MACRS-GDS depreciation taken in the 3rd year if the separator is also sold during the 3 rd year? Depreciation =$

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