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Simon purchased personal property with a five-year life for $100,000. Prepare a depreciation schedule (i.e., depreciation each year) assuming Simon uses MACRS depreciation, but no
Simon purchased personal property with a five-year life for $100,000.
- Prepare a depreciation schedule (i.e., depreciation each year) assuming Simon uses MACRS depreciation, but no 179 or bonus depreciation.
- Prepare a depreciation schedule (i.e., depreciation each year) assuming Simon takes a $40,000 179 deduction and uses MACRS depreciation (but takes no bonus depreciation).
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Factory Accounts
Authors: John Whitmore
1st Edition
0367494825, 9780367494827
