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Question 1 0.5 pts Amachine was purchased for $101,183. It has a salvage value of $36,809 and a useful life of 14 years. It is
Question 1 0.5 pts Amachine was purchased for $101,183. It has a salvage value of $36,809 and a useful life of 14 years. It is classified as a MACRS 10-year property. Using MACRS depreciation, calculate the depreciation in year 5. Enter your answer as 12345 Round your answer. Do not use a dollar sign ("$"), any commas (")"), or a decimal point (":"). Question 2 0.5 pts McCloskley Enterprises buys a machine classified as a MACRS 15-year property for $267,367. It has a salvage value of $31,492. If the company uses the MACRS depreciation method, what is the book value of the machine at the end of year 6? Enter your answer as 12345 Round your answer. Do not use a dollar sign ("$"), any commas (")"), or a decimal point (":"). Question 3 0.5 pts A machine is purchased for $108,777. The machine is classified as a MACRS 7-year property. Its useful life is 11 years. The estimated salvage value at the end of 11 years is $27,735. Using straight-line depreciation, the depreciation in year 6 is: Enter your answer as 12345 Round your answer. Do not use a dollar sign ("$"), any commas (',') or a decimal point (":")
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