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Please display the formulas that would be used in Excel to complete these tables. Complete the (4) depreciation tables/caclulations below using the following MACRS table:
Please display the formulas that would be used in Excel to complete these tables.
Complete the (4) depreciation tables/caclulations below using the following MACRS table: 1. Duing 2012, Axel corporation purchaves new mochinery (5 year nogerty) for SMm, Noe and terides not to take as Section 129 deductian. a. Compoter maxietum tax ditpteciation for the machinery for 3012 -201). - Sos bonus deprectated dppies to new property puoced in service int 2012. - Sow bonus depreciotion applies to new property ploced in service in 2012. b. Computer maximum tax depeediation for 2012.2017 if Axel had purchased used machinery. Note: frovis depreciation does not apply to ased property, 7. During 2012, dasil conpany purchases new equipment {7 year property) for 5700,000 and decides not to foke a Section 179 deduction. 2. During x.12, Besit Compary purchases new equipment (f year properfy) for Sroo, owe and itecides not to tuke a Section 170 dedivetion. * sok bonus depieclation opplies to new property ploced in service in 2002. th. Cimporfe naximius tas depreciation for 2012-2019 if thail had purchared used equipment. Note: Ifones depreciation does not opply to ined property. Homewerk Step by Step Solution
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