Author Question: A server computer purchased by Selectron, Inc cost 1,483,400. Prepare a depreciation schedule using ... (Read 111 times)

kwoodring · **on:** Jun 24, 2018

A server computer purchased by Selectron, Inc cost 1,483,400. Prepare a depreciation schedule using the MACRS (Modified Accelerated Cost Recovery System) method and calculate the accumulated depreciation at the end of year 3. (Round all amounts to the nearest cent)
A) 284,812.80
B) 890,040.00
C) 683,982.77
D) 1,056,180.80

Question 2

A Beauty Products supplier sold items listing for 8,250 to Revon Salons. The net price of the order was 5,990. What was the trade discount rate? (Round to the nearest tenth of a percent)