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of XY Company is planning to purchase 3 used trucks. Each truck will cost $18,000. The salvage value for each track $4,000. Compute the total
of XY Company is planning to purchase 3 used trucks. Each truck will cost $18,000. The salvage value for each track $4,000. Compute the total depreciation for each truck for the third year, using the modified accelerated cost recovery system (MACRS) method, if the recovery period is 5 years. Percentage by re Recovery year 3 years 5 years 1 33% 20% 2 3 45 15 32 19 7 12 4 S 12 5 10 11 Totals 100% 100% These percentages have been rounded to the nearest whole percent ing realism. To calculate the actual depreciation for tax purposes, be percentages or directly apply double declining balance depreciation Select one: O a. 12,780 O b. 3,456 O c.2,073.60 O d. 1,036.80 O e. 5,760
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