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Problem 3 of 4. ( 130 points) Cash flow diagrams not required. A bulldozer costs $150,000. After 7 years of use, the salvage value is
Problem 3 of 4. ( 130 points) Cash flow diagrams not required. A bulldozer costs $150,000. After 7 years of use, the salvage value is $50,000. Complete the schedules of depreciation in the given table. a) Straight line depreciation b) 150% declining balance depreciation c) 40% bonus depreciation with the remaining balance using 5 years MACRS d) Show your calculations for the first 2 years for parts a), b), and c) (the shaded areas in the table) Year a) SL Dep. b)150% DB c) 40% bonus + MACRS 1 2 3 5 6 7
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