Timco is purchasing a new machine. Machine cost $34,000. 5500 to modify it and install. 4000 on parts. Machine is 3 MACRS class. Find the two year depreciation.

Timco is considering the purchase of a new machine. The machine costs 34,000. It will cost 5500 to modify and install it. We will need to spend 4000 on new parts and lubricants to keep it running smoothly. The machine is 3 year MACRS class. Find the year two depreciation Machine 34000 Dep 1 = 333 Dep2- 4445 Dep3- 1481 Total Cost 43500 Year two Dep: 19335 75 n/01 test3.doct