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Problem 16.027: Calculate depreciation amount and book value for a certain year using the MACRS method Del Norte Brick Co. Is located near the Intersection

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Problem 16.027: Calculate depreciation amount and book value for a certain year using the MACRS method Del Norte Brick Co. Is located near the Intersection of Texas, New Mexico, and Mexico. Improved access to the company's property is vla a small bridge across the Rlo Grande. The cost of the bridge was $900,000. Determine the depreclation and book value for year 5 according to the MACRS (Modified Accelerated Cost Recovery System) method. Depreciation Rato (%) for Each MACRS Recovery Period in Years n=20 3.75 7.22 33.33 44.45 14.8 7.41 20.00 32.00 19.20 11.52 11.52 14.29 24.49 7,49 12.49 8.93 10.00 18.00 4.40 11.52 9.22 5.00 9.50 8.55 7.70 6.93 6.18 5.71 5.76 8.92 8,93 4.46 7.37 5.90 5.90 5.91 5.90 6.35 4.52 10 4.46 3.28 4.46 5.91 5.90 5.91 5.90 5.91 12 13 15 4.46 2.95 17-20 21

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