Question
The MACRS depreciation allowances on 4-year property are 33.33 percent, 44.44 percent, 14.82 percent, and 7.41 percent, respectively. What is the amount of the depreciation
The MACRS depreciation allowances on 4-year property are 33.33 percent, 44.44 percent, 14.82 percent, and 7.41 percent, respectively. What is the amount of the depreciation in year 2 for a 4-year asset with an initial cost of $89,000?
| A. | $39,551.60 | |
| B. | $35,414.14 | |
| C. | $33,333.33 | |
| D. | $26,369.05 |
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Accounting for Non-Accounting Students
Authors: John R. Dyson
8th Edition
273722972, 978-0273722977
