A small business purchases some office furniture for $43000 and will sell it for an estimated...
A small business purchases some office furniture for $43000 and will sell it for an estimated $6000 in 5 years. (Replace them with new furniture)
4. Calculate the 5th year depreciation amount, using MACRS depreciation.
Homework Answers
| $4,954 | ||
| Year | Depreciation | |
| 1 | $8,600 | 43,000*0.2 |
| 2 | $13,760 | 43,000*0.32 |
| 3 | $8,256 | 43,000*0.192 |
| 4 | $4,954 | 43,000*0.1152 |
| 5 | $4,954 | 43,000*0.1152 |
| 6 | $2,477 | 43,000*0.0576 |
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A small business purchases some office furniture for $43000 and
will sell it for an estimated...
A small business purchases some office furniture for $42000 and will sell it for an estimated...
A small business purchases some office furniture for $42000 and will sell it for an estimated $6000 in 5 years. (Replace them with new furniture) Complete problems 1-4 below. 3 (10 points). Calculate the 4th year depreciation amount, using DDB depreciation. 4 (10 points). Calculate the 5th year depreciation amount, using MACRS depreciation.
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