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Old MathJax webview I nee to know the rate of depreciation according to the date of purchase. help with the second problem plz. l i

Old MathJax webview

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I nee to know the rate of depreciation according to the date of purchase. help with the second problem plz. l

image text in transcribed

image text in transcribed

i need to know the rate of depreciation and the depreciation amount for the 3 asset.

Life Rate of depreciation for 2020 Asset Description Cost Cash Register 1 Retail Fixtures 2 Furniture 3 TOTAL DEPRECIATION Date of Purchase 9900 12/15/18 4750 9/12/19 3900 9/12/19 Depreciation $ 5 7 $ 7 $ 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 TABLE 8.4 Accelerated Depreciation for Personal Property Assuming Mid-Quarter Convention* (For Property placed in Service after December 31, 1986) 7-Year Recovery 3-Year 5-Year Year (200% DB) (200% DB) (200% DB) First Quarter 1 25.00 58.33 35.00 2 27.78 26.00 21.43 3 12.35 15.60 15.31 4 1.54 11.01 10.93 5 11.01 8.75 Second Quarter 1 41.67 25.00 17.85 2 38.89 30.00 23.47 3 14.14 18.00 16.76 4 5.30 11.37 5 11.97 11.37 Third Quarter 1 25.00 15.00 2 50.00 10.71 34.00 3 16.67 4 8.33 5 13.02 9.30 1 8.33 2 61.11 3 4 5 8.87 20.40 12.24 11.30 25.51 18.22 Fourth Quarter 3.57 20.37 10.19 5.00 38.00 22.80 13.68 10.94 27.55 4 * For ease of presentation, only 3-year, 5-year, and 7-year property and only depreciation rates for the first 5 years are provided. The official table also includes 10-,15-, and 20-year property. See IRS Publication 946 for the complete table 19.68 14.06 10.04 ced in service on the midprint year the disposition dates. The half-year convention is built into the rates in Table 8.2. TABLE 8.2 Accelerated Depreciation for Personal Property Assuming Half-Year Convention (For Property Placed in Service after December 31, 1986) Recovery 3-Year 5-Year 7-Year 10-Year 15-Year 20-Year Year (200% DB) (200% DB) (200% DB) (200% DB) (150% DB) (150% DB) 33.33 20.00 14.29 10.00 5.00 3.750 2 44.45 32.00 24.49 18.00 9.50 7.219 3 14.81* 19.20 17.49 14.40 8.55 6.677 4. 7.41 11.52* 12.49 11.52 7.70 6.177 5 11.52 8.93* 9.22 6.93 5.713 5.76 8.92 7.37 6.23 7. 8.93 5.285 6.55* 5.90* 8 4.46 4.888 6.55 5.90 9 4.522 6.56 5.91 10 4.462* 6.55 5.90 11 4.461 3.28 12 5.91 4.462 13 5.90 4.461 14 5.91 15 5.90 4.461 16 5.91 17 2.95 4.461 18 19. 20 21 AWAOOOO OO ONE 4.462 4.462 4.462 4.461 4.462 4.461 2.231 witch to straight-line depreciation

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