Take a Test - Veronica Perez - Google Chrome mathxl.com/Student/PlayerTest.aspx?testld=218292826¢erwin=yes Principles of Finance Online Fall 2020 Veronica Perez & | 12/09/20 Test: Final Exam Fall 2020 Time Limit: 04:00:00 This Question: 5 pts 15 of 40 (14 complete) This Test: 200 MACRS RATE Recovery year 3 years 5 years 7 years 10 years 33% 20% 14% 10% 45 32 25 18 15 19 18 14 12 12 12 12 9 9 9 Under MACRS, an asset which originally cost $100,000, incurred installation costs of $10,000, and has an estimated salvage value of $25,000, is being depreciated using a 5 - year normal recovery period. What is the depreciation expense in year 1? O A. $22,000 O B. $15,000 O C. $12,750 O D. $11,250 Click to select your answer. Type here to search