Johnson Industries purchased a metal$-$working lathe for $$36,000.$ This item will be used for business $90\%$ of the time. Accountants elected to take a $$15,000$ section $179$ deduction and utilize the

special depreciation allowance of $50\%.$

Prepare a depreciation schedule $($in $ $)$ using MACRS.

Round all dollar amounts to the nearest cent.

Johnson Industries

MACRS Depreciation Schedule$-$Metal$-$working LatheJohnson Industries purchased a metal$-$working lathe for $$36,000.$ This item will be used for business $90\%$ of the time. Accountants elected to take a $$15,000$ section $179$ deduction and utilize the special depreciation allowance of $50\%.$

Prepare a depreciation schedule $($in $$)$ using MACRS.

Round all dollar amounts to the nearest cent.