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Author Question: The original cost of a jet ski was 12,000 with an estimated life of 4 years. What is the second-year ... (Read 54 times)

Alygatorr01285

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on: Jun 24, 2018
The original cost of a jet ski was 12,000 with an estimated life of 4 years. What is the second-year accumulated depreciation?

Question 2

Tammy purchased an office building for a company that originally cost 200,000 and has a salvage value of 20,000? What depreciation class is used? Use the MACRS method.


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duy1981999

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Reply #1 on: Jun 24, 2018
Answer to Question 1

9,000;

Answer to Question 2

31.5;


Alygatorr01285

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

milbourne11

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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