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Green Light Trading Co. purchased a transmission belt equipment at a cost of $5260000 in 20X3. Green Light took the following depreciation for tax deduction
Green Light Trading Co. purchased a transmission belt equipment at a cost of $5260000 in 20X3. Green Light took the following depreciation for tax deduction from 20X3 to 20X6. What is the "adjusted basis" of the equipment in the beginning of 20X7? 20X3: $751654 20X4: $1288174 20X5: $919974 20X6: $656974
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