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Problem 3 Part 1 Marvin the Martian purchases and installs Interplanetary roadway cleaning technology known as Illudium Q- 36 Explosive Space Modulator for $3,500,000. The
Problem 3 Part 1 Marvin the Martian purchases and installs Interplanetary roadway cleaning technology known as Illudium Q- 36 Explosive Space Modulator for $3,500,000. The Illudium Q-36 Explosive Space Modulator is classified as MACRS 7-year property and has a useful life of 10 years. The estimated salvage value at the end of 10 years is $250,000. Instructions: Calculate the MACRS depreciation charges for years 2, 5, 6, and 9, and enter in the spaces below the amounts. Note: Enter the answer in the format 1234.00 (using absolute values only; don't worry about negative values), without commas, or any symbol (e.g. $, +, -, etc.). Year Depreciation Charges 2 5 6 9
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