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What is the year 2 depreciation on equipment costing $113,726 if it is classified as five-year property for MACRS purposes? The MACRS depreciation percentages are
What is the year 2 depreciation on equipment costing
$113,726
if it is classified as five-year property for MACRS purposes? The MACRS depreciation percentages are as follows, commencing with year 1: 20.00%, 32.00%, 19.20%, 11.52%, 11.52%, and 5.76%.
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Part 1
A.
$21,835
B.
$22,745
C.
$36,392
D.
$59,138
E.
$13,647
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