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question 15 and 16 help please Question 15 (3 points) Which of the following is correct regarding economic depreciation of the new beet processing machine?
question 15 and 16 help please
Question 15 (3 points) Which of the following is correct regarding economic depreciation of the new beet processing machine? Total depreciation is $350,000 and the annual straight-line depreciation is $50,000 Total depreciation is $350,000 and the annual straight-line depreciation is $35.000 O Total depreciation is $300,000 and the annual straight-line depreciation is $30,000 O Total depreciation is $300,000 and the annual straight-line depreciation is $42,857 None of the above Question 16 (3 points) How much tax depreciation can Schrute Farms deduct for the beet processing machine in year 3? $50,000 $52,605 $54,475 E UN $87,500Step by Step Solution
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