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I need for you to (1) Read the Scenario on the first page ( Safe, Desk, Computer) and (3) use the worksheet to figure out
I need for you to (1) Read the "Scenario" on the first page ( Safe, Desk, Computer) and (3) use the worksheet to figure out the depreciation using MACRS Depreciation method.
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Chapter 12: Learning Activity Scenario Using the depreciation worksheet provided in the Forms and Worksheets folder (in your online course) and the information in the table below, determine the depreciation for each of the items from the date placed in service until they are completely depreciated. Note: Do not claim any section 179 expense deduction and/or special depreciation allowance. Item Safe Desk Computer Acquired 05-15-2012 02-09-2015 04-15-2018 Method MACRS MACRS MACRS Life 7-yr 7-yr 5-yr Cost $ 1,200 300 1,400 Basis to Deprecia 1,200 300 1,400 1 Depreciation Worksheet Depreciable Dateguired Class Life Rate Method Cost or Other Basis Landtec 179 axo BesiStO Depreciate Priors Depreciation This YS Depreciation Accumulated Depreciatim Assets Bus Total Depreciation for Tax Year: Chapter 12: Learning Activity Scenario Using the depreciation worksheet provided in the Forms and Worksheets folder (in your online course) and the information in the table below, determine the depreciation for each of the items from the date placed in service until they are completely depreciated. Note: Do not claim any section 179 expense deduction and/or special depreciation allowance. Item Safe Desk Computer Acquired 05-15-2012 02-09-2015 04-15-2018 Method MACRS MACRS MACRS Life 7-yr 7-yr 5-yr Cost $ 1,200 300 1,400 Basis to Deprecia 1,200 300 1,400 1 Depreciation Worksheet Depreciable Dateguired Class Life Rate Method Cost or Other Basis Landtec 179 axo BesiStO Depreciate Priors Depreciation This YS Depreciation Accumulated Depreciatim Assets Bus Total Depreciation for Tax YearStep by Step Solution
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