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over its recovery period. lul 3-year recovery period, find the asset's book value for each year 8. A machine was purchased 6 years ago by

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over its recovery period. lul 3-year recovery period, find the asset's book value for each year 8. A machine was purchased 6 years ago by company X for 150,000 KD buys the machine from X at a cost of 80,000 KD. The machine is expected to have a service life of 12 more years and a salvage value of 10,000 KD . Company V a. If the asset depreciation class is 9 years for this type of machine, to what property class does the machine belong to under MACRS? b. What are the annual depreciation charges and the book values for this equipment

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