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ONLY #3 is needed rate is %200 for the five years (MARCS) thank you! A new excavator 2020 Caterpillar 323 is purchased for $220,000 and

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ONLY #3 is needed
rate is %200 for the five years (MARCS)
thank you!
image text in transcribed
A new excavator 2020 Caterpillar 323 is purchased for $220,000 and has an estimated salvage value of $20,000 at the end of the five-year recovery period. 1. Prepare a depreciation schedule using the straight-line method (7 points) 2. Prepare a depreciation schedule using the sum-of-the-year method (7 points) 3. Prepare a depreciation schedule using the MACRS method and half-year convention (6 points)

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