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The installed cost of a new computerized controller was $66,000. Calculate the depreciation schedule by year assuming a recovery period of 5 years and using
The installed cost of a new computerized controller was $66,000. Calculate the depreciation schedule by year assuming a recovery period of 5 years and using the appropriate MACRS depreciation percentages given in the table Complete the depreciation schedule for the new computerized controller below: Data table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Rounded Depreciation Percentages by Recovery Year Using MACRS for First Four Property Classes \begin{tabular}{ccccc} 4 & 1% & 12% & 12% & 9% \\ 5 & & 12% & 9% & 9% \\ 6 & & 5% & 9% & 7% \\ 7 & & 9% & 6% \\ 8 & & 4% & 6% \\ 9 & & & 6% \\ 10 & & & 4% \\ 11 & & & 12% \\ Totals & & & & 9% \\ \cline { 2 - 5 } & & & 100% & 100% \\ \hline \end{tabular} These percentages have been rounded to the nearest whole percent to simplify calculations while retaining realism. To calculate the actual depreciation for tax purposes, be sure to apply the actual unrounded percentages or directly apply double-declining balance (200\%) depreciation using the half-year convention
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