HI,

IS THERE ANY DOCUMENTS SIMILAR TO THIS. I WAS NOT ABLE TO FIND ANYTHING. I HAVE ATTACHED A DOCUMENT FOR YOUR VIEWING THANK YOU. IT IS A INTRO TO TAXATION AT WAYNE STATE

ACC 5170/7120 DEPRECIATION ASSIGNMENT SP/SU 2016 Mooter Products manufactures truck and bus components. acquires and puts into service the following: In year 1 it ASSET DATE COST Used Press Special Tools (new) Computer Equipment (new) New Machinery Feb. 15 Feb. 15 July 1 July 1 $400,000 $275,000 $600,000 $925,000 You may find the following information helpful: DESCRIPTION CLASS LIFE Equipment - Manufacture of Motor Vehicles 12 Special Tooling - Manufacture of Motor Vehicles 3 Computer Hardware 6 GDS 12 ADS 7 3 5 3 5 Determine each asset's entire depreciation schedule using: 1. MACRS 2. MACRS ADS 3. ACRS 4. MACRS and claiming Section 179 on the computer equipment 5. MACRS and claiming bonus depreciation on the computer equipment, and the New Machinery's date is October 15, Year 1. For purposes of this assignment assume 2015 is year 1. For the assignment, do not worry about actual calendar years, just identify year 1, year 2, etc. While not required, use of Excel or other spreadsheet software is recommended for this assignment. THIS ASSIGNMENT IS DUE MONDAY JULY 18 (extended from original date!)