URGENT

company purchased new construction machinery in year 2015 by paying $400,000 cash. The company used MACRS-GOs depreciation for tax purposes and sold the annet in year 2017 Note that MACRS depreciations are based on calender years. Click the icon to view the partial listing of depreciable assets used in business More info Click the loon to view the GDS Recovery Rains (a Calculate the depreciation that the company claimed on the asset for year 2017 MACRS C Lives and Recovery Periods OA $23,040 Asset Class Descriptions of Assets Class Life OB $120,000 00.11 Office furniture and suiment 00.12 OC 376.000 Information systems, including computers 00.22 Automobilis, is 3 OD $38.400 0023 Buses 9 00241 OL 584,000 Ligt general purpose trucks 00.22 Heavy general purpose trucks 0026 What was the book value of the onset at the time sale in 2017 Tractor units for use over the road 011 Agriculture 10 10.0 Mining A. $250,000 132 Production of petroleum and natural gas 14 13.3 Petroleum refining Click to select your answer 150 Construction 22.3 Manufacture of carpets 10 0 4 0 4 Recovery Purios 008 ADS 7 10 5 5 5 5 5 6 6 5 0 3 4 10 7 10 14 10 16 6 10 16 0 9 13.2 13.3 15.0 22.3 24.4 28.0 30.1 32.2 34.0 36.0 37.11 37.2 48.12 49.13 49.21 79.0 Production of petroleum and natural gas Petroleum refining Construction Manufacture of carpets Manufacture of wood products and furniture Manufacture of chemicals and allied products Manufacture of rubber products Manufacture of cement Manufacture of fabricated metal products Manufacture of electronic components, products, and systems Manufacture of motor vehicles Manufacture of aerospace products Telephone central office equipment Electric utility steam production plant Gas utility distribution facilities Recreation 14 16 6 9 10 9.5 14 20 12 6 12 10 18 28 35 10 7 10 5 5 7 5 7 15 7 5 7 7 10 20 20 7 14 16 6 9 10 9.5 14 20 12 6 12 10 18 28 35 10 company purchased new construction machinery in year 2015 by paying $4 Vote that MACRS depreciations are based on calender years. Click the icon to view the partial listing of depreciable assets used in busines Click the icon to view the GDS Recovery Rates (tk). OD. $38,400 O E. $64,000 What was the book value of the asset at the time sale in 2017. ? O A. $256,000 OB. $361,600 OC. $192,000 OD. $115,200 O E. $153,600 6 of 17 (1 complete) VLC the a i More Info - Year 1 3 4 5 6 7 8 9 10 11 GDS Recovery Ratos (7) for the Six Personal Property Classes Recovery Period (and Property Class) 3-year 5-year 7-year 10-year 15-year 0.3333 0.2000 0.1429 0.1000 0.0500 0.4445 0.3200 0.2449 0.1800 0.0950 0.1481 0.1920 0.1749 0.1440 0.0855 0.0741 0.1152 0.1249 0.1152 0.0770 0.1152 0.0893 0.0922 0.0693 0.0576 0.0892 0.0737 0.0623 0.0893 0.0655 0.0590 0.0446 0.0655 0.0590 0.0656 0.0591 0.0655 0.0590 0.0328 0.0591 0.0590 20-year 0.0375 0.0722 0.0668 0.0618 0.0571 0.0528 0.0489 0.0452 0.0447 0.0447 0.0446 0.0446 Id system 12 More Info - 0.0576 0.0892 0.0893 0.0446 0.0737 0.0655 0.0655 0.0656 0.0655 0.0328 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 0.0623 0.0590 0.0590 0.0591 0.0590 0.0591 0.0590 0.0591 0.0590 0.0591 0.0295 0.0528 0.0489 0.0452 0.0447 0.0447 0.0446 0.0446 0.0446 0.0446 0.0446 0.0446 0.0446 0.0446 0.0446 0.0446 0.0223 d systems N- Print Done