Need Help? 1-/1 Points) DETAILS BRECMBC9 17.11. TB.005. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Rust Industries purchased a wood pulp mixer for $40,000. Using the MACRS method, calculate the book the table 17-1 and Table 17-2. Round all dollar amounts to the nearest cent.) $11,520.00 $17,492.00 $19,200.00 $24,488.00 Need Help? Talk to Top 17-table-1.pdf net/brecmbc9/17-table-1.pdf + Fit to page ID Page view A MACRS Property Classes (Recovery Period) General Depreciation System 3-Year Property (3 years) 5-Year Property (5 years) 7-Year Property (7 years) Over the road tractors Automobiles and taxis Office furniture and fixtures Some horses and bogs Buses and trucks Railroad cars and engines Special handling devices for the Computers and peripherals Commercial airplanes manufacture of food and beverages Orice machinery Assets used in the manufacture of wood, Specialty tools used in the manufacture Breeding or dairy cattle, sheep and goals pulp, and paper products of motor vehicles Airplanes (except those in commercial use) Assets used in printing and publishing Specialty tools used in the manufacture Trailers and trailer-mounted containers Assets used in the production of tobacco, of finished products made of plastic, Assets used in construction leather, stone, and steel products rubber, glass, and metal Assets used in the manufacture of knitted Assets used in the production of sporting goods, textile yarns, carpets, medical goods, toys, jewelry, and musical and dental supplies, chemicals, and instruments electronic components Assets used in there and amusement Assets used in radio and television parks, theaters, concert halls, and broadcasting, and CATV miniature golf courses 10-Year Property (10 years) 15-Year Property (15 years) 20-Year Property (20 years) Vessels, bares, and tugs Depreciable improvements made to land, Farm buildings Single purpose agricultural structures such as shrubbery, fences, mats, and Railroad structures and improvements Trees and vines bearing fruits or nuts bridges Communication cable and long-line Assessed in the production of grain, sugar, Assets used to manufacture cement systems and vegetable oil products Gas and petroleum utility pipelines Water, electric, gas, and steam utility Assets used in petroleum refining Industrial steam and electric ponction and plants and equipment Assets used in the manufacture and repair of or distribution systems ships, bots and marine drilling Water tatis and ferry boots 25-Year Property 25 years) Residential Rental Property (27.5 years) Nonresidential Real Property (19 years) Municipal This is any building or structure, such as a This is property such as an orice Certal watery property integral to rental home (including a mobile home), in hulling stor or warehouse that the gathering, tramento comercial DE of its gross rental income for the tax year is from dwelling units. A dwelling is a house and 17-table-2.pdf 17-table-2.pdf Fit to page Page view A TARLE 17 2 Cost Recovery Percentage Table MACRS Recovery Depreciation Rale for Property Class Year 3-year S-year 7-year 10-year 15-year 33.33% 20.00% 14.29% 10.00 5.00 2 44.45 32.00 24.49 18.00 9.50 3 14.81 19.20 17.49 14.40 8.55 4 7.41 11.52 12.49 11.52 7.70 5 11.52 8.93 9.22 6.93 20-year 3.750 7219 6.677 6.177 5.713 5.76 8.92 8.93 6 7 8 2 10 4.46 7.37 6.55 6.55 6.56 655 6.23 5.90 5.90 5.91 5.90 5.285 4. 4.522 4.462 4.461 3.28 11 12 13 5.91 5.90 5.91 5.90 5.91 4.462 4.461 4.462 4.161 4462 15 2.95 4461 16 17 IR 21 Need Help? 1-/1 Points) DETAILS BRECMBC9 17.11. TB.005. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Rust Industries purchased a wood pulp mixer for $40,000. Using the MACRS method, calculate the book the table 17-1 and Table 17-2. Round all dollar amounts to the nearest cent.) $11,520.00 $17,492.00 $19,200.00 $24,488.00 Need Help? Talk to Top 17-table-1.pdf net/brecmbc9/17-table-1.pdf + Fit to page ID Page view A MACRS Property Classes (Recovery Period) General Depreciation System 3-Year Property (3 years) 5-Year Property (5 years) 7-Year Property (7 years) Over the road tractors Automobiles and taxis Office furniture and fixtures Some horses and bogs Buses and trucks Railroad cars and engines Special handling devices for the Computers and peripherals Commercial airplanes manufacture of food and beverages Orice machinery Assets used in the manufacture of wood, Specialty tools used in the manufacture Breeding or dairy cattle, sheep and goals pulp, and paper products of motor vehicles Airplanes (except those in commercial use) Assets used in printing and publishing Specialty tools used in the manufacture Trailers and trailer-mounted containers Assets used in the production of tobacco, of finished products made of plastic, Assets used in construction leather, stone, and steel products rubber, glass, and metal Assets used in the manufacture of knitted Assets used in the production of sporting goods, textile yarns, carpets, medical goods, toys, jewelry, and musical and dental supplies, chemicals, and instruments electronic components Assets used in there and amusement Assets used in radio and television parks, theaters, concert halls, and broadcasting, and CATV miniature golf courses 10-Year Property (10 years) 15-Year Property (15 years) 20-Year Property (20 years) Vessels, bares, and tugs Depreciable improvements made to land, Farm buildings Single purpose agricultural structures such as shrubbery, fences, mats, and Railroad structures and improvements Trees and vines bearing fruits or nuts bridges Communication cable and long-line Assessed in the production of grain, sugar, Assets used to manufacture cement systems and vegetable oil products Gas and petroleum utility pipelines Water, electric, gas, and steam utility Assets used in petroleum refining Industrial steam and electric ponction and plants and equipment Assets used in the manufacture and repair of or distribution systems ships, bots and marine drilling Water tatis and ferry boots 25-Year Property 25 years) Residential Rental Property (27.5 years) Nonresidential Real Property (19 years) Municipal This is any building or structure, such as a This is property such as an orice Certal watery property integral to rental home (including a mobile home), in hulling stor or warehouse that the gathering, tramento comercial DE of its gross rental income for the tax year is from dwelling units. A dwelling is a house and 17-table-2.pdf 17-table-2.pdf Fit to page Page view A TARLE 17 2 Cost Recovery Percentage Table MACRS Recovery Depreciation Rale for Property Class Year 3-year S-year 7-year 10-year 15-year 33.33% 20.00% 14.29% 10.00 5.00 2 44.45 32.00 24.49 18.00 9.50 3 14.81 19.20 17.49 14.40 8.55 4 7.41 11.52 12.49 11.52 7.70 5 11.52 8.93 9.22 6.93 20-year 3.750 7219 6.677 6.177 5.713 5.76 8.92 8.93 6 7 8 2 10 4.46 7.37 6.55 6.55 6.56 655 6.23 5.90 5.90 5.91 5.90 5.285 4. 4.522 4.462 4.461 3.28 11 12 13 5.91 5.90 5.91 5.90 5.91 4.462 4.461 4.462 4.161 4462 15 2.95 4461 16 17 IR 21