Please work like you want to start a restaurant as a business.

Problem 1. MACRS Depreciation. Select a business you would like to start (or if you have no interest in ever starting a business, just pick a business you might be interested in working for some day) and, using the internet and the tables in your packet, answer the following questions: (i) Please identify and list 8 assets (not including any real property or intellectual property) that you would need in order to successfully run this business and identify the cost of each asset using the internet. Cost Asset 1. 2. 3. 4. 5. 6. 7. 8