Question
Use the following MACRS depreciation table: MACRS Rates for 3-Year Property (rounded) Year 1 Year 2 Year 3 Year 4 33.33% 44.45% 14.81% 7.41% What
Use the following MACRS depreciation table:
MACRS Rates for 3-Year Property (rounded)
| Year 1 | Year 2 | Year 3 | Year 4 |
| 33.33% | 44.45% | 14.81% | 7.41% |
What is the Year 3 depreciation expense for a piece of equipment (3-year property) that costs $1,000,000 based on the MACRS rates above?
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Quantitative Analysis For Management
Authors: Barry Render, Ralph M. Stair, Michael E. Hanna, Trevor S. Hale
14th Edition
0137943601, 9780137943609
