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MACRS RATE Recovery year 3 years 5 years 7 years 10 years 1 33% 20% 14% 10% 2 45 32 25 18 3 15 19
MACRS RATE
Recovery year | 3 years | 5 years | 7 years | 10 years |
1 | 33% | 20% | 14% | 10% |
2 | 45 | 32 | 25 | 18 |
3 | 15 | 19 | 18 | 14 |
4 | 7 | 12 | 12 | 12 |
5 | 12 | 9 | 9 | |
6 | 5 | 9 | 8 | |
7 | 9 | 7 | ||
8 | 4 | 6 | ||
9 | 6 | |||
10 | 6 | |||
11 | 4 |
Under MACRS, an asset which originally cost $10,000 is being depreciated using a5year normal recovery period. What is the depreciation expense in year 3?
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