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MC Qu. 63 Bernie's Beverages purchased some fixed assets classified as... 25 Bernie's Beverages purchased some fixed assets classified as 5-year property for MACRS. The

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MC Qu. 63 Bernie's Beverages purchased some fixed assets classified as... 25 Bernie's Beverages purchased some fixed assets classified as 5-year property for MACRS. The assets cost $25,000. What will the accumulated depreciation be at the end of year three? 1 points MACRS 5-year property Year Rate 1 20.00% 2 32.00% 3 19.20% 4 11.52% 5 11.52% 6 5.76% References Multiple Choice $21.075 O $5,000 O $2.880 O $17,800 O O $13,000

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