Question
You are going to have to make a depreciation schedule to be used for tax purposes for the following description: A company purchased a tunnel
You are going to have to make a depreciation schedule to be used for tax purposes for the following description: A company purchased a tunnel costing $5,315,000 and places it in service in April 2016. The company's tax year starts on January 1st and ends on December 31st. What is the second year (2017) book value of the tunnel? (Answer with an integer; Round to the nearest integer) | |||||||
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