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stranahan stranahan
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7 years ago
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
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
Author:
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ExpertXExpertX
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7 years ago
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stranahan Author
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#2
7 years ago
Thank you very much for this. It's really helpful.
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#3
4 years ago
Thank you
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#4
3 years ago
thank you
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#5
3 years ago
thank you
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#6
3 years ago
thank you
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#7
3 years ago
Thank yo
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