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The cost of new machine is $220,000. The cost of shipping is $10,000 and of installation is $20,000.The required working capital is $25,000. Using the

The cost of new machine is $220,000. The cost of shipping is $10,000 and of installation is $20,000.The required working capital is $25,000. Using the 3-year MACRS schedule, determine the depreciation expense in year 1.

Year3-YR MACRS

  1. 133.33%
  2. 244.45%
  3. 314.81%
  4. 47.41%

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