This topic contains a solution. Click here to go to the answer

Author Question: Solve the problem. Round dollar amounts to the nearest cent.Find the depreciation each year for a ... (Read 82 times)

Cooldude101

  • Hero Member
  • *****
  • Posts: 557
Solve the problem. Round dollar amounts to the nearest cent.


Find the depreciation each year for a tractor that was purchased for $9350.00 and placed in service midyear under the MACRS method of depreciation as a 3-year property.
◦ Year 1 Depreciation = $3116.36
Year 2 Depreciation = $7272.44
Year 3 Depreciation = $8657.18
Year 4 Depreciation = $9350.02

◦ Year 1 Depreciation = $3116.36
Year 2 Depreciation = $4156.08
Year 3 Depreciation = $1384.74
Year 4 Depreciation = $692.84

◦ Year 1 Depreciation = $692.84
Year 2 Depreciation = $1384.74
Year 3 Depreciation = $4156.08
Year 4 Depreciation = $3116.36

◦ Year 1 Depreciation = $1870.00
Year 2 Depreciation = $2992.00
Year 3 Depreciation = $1795.20
Year 4 Depreciation = $1077.12


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Cooldude101 on Feb 26, 2020

Carissamariew

  • Sr. Member
  • ****
  • Posts: 359
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 50% of students answer this correctly




Cooldude101

  • Member
  • Posts: 557
Reply 2 on: Feb 26, 2020
Great answer, keep it coming :)


epscape

  • Member
  • Posts: 335
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

For a complete list of videos, visit our video library