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Title: A firm is considering purchasing an asset that will cost $5 million. Other depreciable costs include ...
Post by: stranahan on Nov 17, 2016
A firm is considering purchasing an asset that will cost $5 million. Other depreciable costs include $800,000 in installation costs. If the asset is classified in the 5-year class, what is the annual depreciation for years 1, 3, and 6 for this asset, using the fixed depreciation percentages given by MACRS? (The percentages are 20.00%, 19.20%, 5.76%, and 8.93%, respectively.)
A) $1,160,000, $1,113,600, and $334,080 for years 1, 3, and 6, respectively
B) $1,160,000, $1,113,600, and $668,160 for years 1, 3, and 6, respectively
C) $5,800,000, $1,160,000, and $1,113,600 for years 1, 3, and 6, respectively
D) $1,856,000, $1,113,600, and $334,080 for years 1, 3, and 6, respectively


Title: Re: A firm is considering purchasing an asset that will cost $5 million. Other depreciable costs ...
Post by: ExpertX on Nov 17, 2016
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Title: Re: A firm is considering purchasing an asset that will cost $5 million. Other depreciable costs include ...
Post by: stranahan on Jan 6, 2017
Thank you very much for this. It's really helpful.


Title: Re: A firm is considering purchasing an asset that will cost $5 million. Other depreciable costs ...
Post by: patrick yandell on Mar 14, 2020
Thank you


Title: Re: A firm is considering purchasing an asset that will cost $5 million. Other depreciable costs ...
Post by: Sep Smits on Sep 29, 2020
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Title: Re: A firm is considering purchasing an asset that will cost $5 million. Other depreciable costs ...
Post by: klootzakelijk on Sep 29, 2020
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Title: Re: A firm is considering purchasing an asset that will cost $5 million. Other depreciable costs ...
Post by: taylorb2653 on Nov 29, 2020
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Title: Re: A firm is considering purchasing an asset that will cost $5 million. Other depreciable costs ...
Post by: s bristlin on Dec 13, 2020
Thank yo