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 22 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
Excellent


Hdosisshsbshs

  • Member
  • Posts: 315
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

For a complete list of videos, visit our video library