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Penguin Network Warehouse, LLC (PNW, LLC) acquired the following assets last year: Industrial Refrigeration Equipment on January 23 Network server computer equipment on May
Penguin Network Warehouse, LLC ("PNW, LLC") acquired the following assets last year: Industrial Refrigeration Equipment on January 23 Network server computer equipment on May 4 Office furniture on June 12 Required 1. Using the below MACRS depreciation table, leverage VLOOKUP formulas to calculate regular depreciation for each asset. 2. Sum the total depreciation for each year. (Hint: Use an IF formula with "Yes" and "No" to respond to the Fully Depreciated question.) Navigation: 1. Use the Open Excel in New Tab button to launch this question. 2. When finished in Excel, use the Save and Return to Assignment button in the lower right to return to Connect.
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