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Xy company just purchased new automated wiener handling equipment for 1926. The salvage value of the equipment is anticipated to be $1,200 at the end
Xy company just purchased new automated wiener handling equipment for 1926. The salvage value of the equipment is anticipated to be $1,200 at the end of its five-year life. Using MACRS, determine the depreciation for fourth year. Recovery year 3 years Percentage by recovery year" 5 years 7 years 20% 14% 32 25 10 years 1 33% 2 10% 18 45 3 15 19 18 14 4 12 12 12 12 5 9 9 6 5 9 8 7 7 9 7 8 4 6 9 6. 10 6 11 4 Totals 100% 100% 100% 100% These percentages have been rounded to the nearest whole percent to simplity calculations while retain ing realism. To cleulate the actual depreciation for tax purposes, be sure to apply the actual unrounded percentages or directly apply double-dedining balance depreciation using the ballar contention
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