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PLEASE SHOW ALL WORK QUESTION 15 The senior project engineer of a Paint manufacturing plant is aware that MACRS and DDB are both accelerated depreciation
PLEASE SHOW ALL WORK
QUESTION 15 The senior project engineer of a Paint manufacturing plant is aware that MACRS and DDB are both accelerated depreciation methods; however, out of curiosity, she wants to determine which one provides the faster write-off in the first 3 years for a recently purchased mixer that has a first cost of $630,000, a 5-year recovery period, and a $26,000 salvage value. The annual MACRS depreciation rates are 20%, 32%, and 19.2% for years 1, 2, and 3, respectively. (1) What is the book value after 3 years using MACRS method? $74,880 $63,360 $129,600 S181,440 QUESTION 16 (2) What is the book value after 3 years using DDB method
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