MACRS Depreciation Table

Asset Class

Year 3-Year 5-Year 7-Year 10-Year 1 33.33% 20.00% 14.29% 10.00% 2 44.45% 32.00% 24.49% 18.00% 3 14.81% 19.20% 17.49% 14.40% 4 7.41% 11.52% 12.49% 11.52% 5 11.52% 8.93% 9.22% 6 5.76% 8.92% 7.37% 7 8.93% 6.55% 8 4.46% 6.55% 9 6.56% 10 6.55% 11 3.28%

What is the accumulated depreciation of a 5-yr asset after two years?

The asset costs $17,000 to purchase, $2,000 to install, $1,000 to train people how to use it, and will result in an additional $2,000 in sales.

In the taxes & MACRS tab, what is the accumulated depreciation of a 5-yr asset after two years? The asset costs $17,000 to purchase, $2,000 to install, $1,000 to train people how to use it, and will result in an additional $2,000 in sales.