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Using each of the following methods: (a) (b) 200% DB, GDS (MACRS), and (c) ADS (MACRS): what is the depreciation deduction, f the second year
Using each of the following methods: (a) (b) 200% DB, GDS (MACRS), and (c) ADS (MACRS): what is the depreciation deduction, f the second year for a resource that costs $36,000 and has a predicted market value of$5,000 at the end of its seven-year useful life? Assume its MACRS class life is also seven years. E Click the icon to view the summary of the principal features of GDs under MACRS E Click the icon to view the GDS Recovery Rates (r a. Using the 200% De method the depreciation deduction for the second year is S Round to the nearest dollar.) b. Using the GDS (MACRS) method the depreciation deduction for the second year is s Round to the nearest dollar c. Using the ADS (MACRS) method the depreciation deduction for the second year is S Round to the nearest dollar
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