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No total of dep Assignment Complete parts (a) thru (e) of the class problem: A company buys land for $200k and builds a plant for
No total of dep
Assignment Complete parts (a) thru (e) of the class problem: A company buys land for $200k and builds a plant for $500k. The following equipment is installed a. Research & Experimental equipment cost $150k b. Furniture - cost $100k Develop a depreciation schedule, tax schedule and after inflation cash flow schedule for the first six years only. Assume the company started its operations in May of Income per month after deducting the expenses is: Year 1 $3k/month Year 2 $5k/month Year 3 $7k / month Year 4 Sok/month Yoar 5 $11k/month Year 6 $13k / month a. Depreciation schedule for research & experimentation Year Nder Amount depreciated b. Depreciation schedule for furniture Year dep Amount depreciated C. Depreciation schedule for land Year dep Amount depreciated d. Depreciation schedule for plant - operation begins in May Year Ndes Amount depreciated e. Total depreciation Year R&D Furniture Land Plant Total dep Step by Step Solution
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