For 2018 the answer is not 9835, 10538, and 21075. For 2019 the answer is not 15736, 16860, and 10237.
Homework Answers
Modified Accelerated Cost Recovery System (MACRS) considers 25
percentage 32 percentage of depreciation for the first 2 years of
the asset purchased being a road vehicle and has 5 years
life.
As we used only 75% for business purposes depreciation will be
lessor of the following .
For the year 2018
$70250 × 20%×75%= 10538 and $10000×75%=$7500
so for the year 2018 $7,500
likewise
for the year 2019
$70,250×32%×75%= $16,860
and $16000×75%=$12000
So for the year 2019 $12,000 will be allowed because it is lesser
then $16,860
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For 2018 the answer is not 9835, 10538, and 21075. For 2019 the
answer is not...
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