Using a? seven-year life,? straight-line depreciation, and the? half-year convention for the first and last? years, what is the annual depreciation of the? trimmer?

Using a? seven-year life,? straight-line depreciation, and the? half-year convention for the first and last? years, what is the depreciation for the first and last? years?

Using a? seven-year life and MACRS? depreciation,?, what is the annual depreciation of the trimmer for each year from year 1 to year 8 ?

Depreciation expense. Richardses Tree Farm, Inc. has just purchased a new aerial tree trimmer for $85.000. Calculate the depreciation schedule using a seven-year life (for the property class category of a single-purpose agricultural and horticultural structure from Table 10.3) for both straight-line depreciation and MACRS, R. Use the half-year convention for both methods. Compare the depreciation schedules before and after taxes using a 40% tax rate. What do you notice about the difference between these two methods