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I hope this can be read, but please help, thank you in advance A high-precision programmable router for shaping furniture components is purchased by Henredon
I hope this can be read, but please help, thank you in advance
A high-precision programmable router for shaping furniture components is purchased by Henredon for $200,000. It is expected to last 12 years. Calculate the depreciation deduc and book value for each year using MACRS-GDS allowances. a. What is the MACRS-GDS property class? (format example: 3 year) Calculate the depreciation deduction using MACRS-GDS allowances for year 5= I $ Calculate the book value using MACRS-GDS allowances for year 5=$ Assume the asset is sold during the 5th year of use. Calculate the depreciation deduction using MACRS-GDS allowances for year 5=$ Hide question 3 feedback Assume the asset is sold during the 5 th year of use. Calculate the depreciation deduction using MAGRS-GDS allowances for year 5=$ due to mid year convention, asset depreciates half during disposal year= 17860/2=$8,930
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