Infinity Production acquired a new machine at the beginning of the current year. The machine cost $840,000 with no residual value expected Infinity uses the straight-line method for financial reporting, assuming a 6 -year useful life. The firm classifies the equipment as 5 - year MACRS property for tax purposes using the following percentages Year MACRS % 20.00% 32.00 19.20 11.52 11.52 5.76 1 2 3 4 5 6 O A $245,000 OB. $250,000 C. $300,000 OD. $222.000 Infinity Production acquired a new machine at the beginning of the current year. The machine cost $840,000 with no ronidual value expected. Infinity uses the straight-line method for financial reporting, assuming a 6-year useful life. The firm classifies the equipment as 5-year MACRS property for tax purposes using the following percentages. Year MACRS (%) 20.00% 1 2 3 4 5 6 32.00 19.20 11.52 11.52 5.76 A $245,000 B. $250.000 C. $390,000 D. $222.000 0 0 Infinity Production acquired a new machine at the beginning of the current year. The machine cost $840,000 with no residual value expected Infinity uses the straight-line method for financial reporting, assuming a 6 -year useful life. The firm classifies the equipment as 5 - year MACRS property for tax purposes using the following percentages Year MACRS % 20.00% 32.00 19.20 11.52 11.52 5.76 1 2 3 4 5 6 O A $245,000 OB. $250,000 C. $300,000 OD. $222.000 Infinity Production acquired a new machine at the beginning of the current year. The machine cost $840,000 with no ronidual value expected. Infinity uses the straight-line method for financial reporting, assuming a 6-year useful life. The firm classifies the equipment as 5-year MACRS property for tax purposes using the following percentages. Year MACRS (%) 20.00% 1 2 3 4 5 6 32.00 19.20 11.52 11.52 5.76 A $245,000 B. $250.000 C. $390,000 D. $222.000 0 0