Author Question: What is the fifteenth-year depreciation of a farm building that originally cost 75,000 and has a ... (Read 56 times)

big1devin · **on:** Jun 24, 2018

What is the fifteenth-year depreciation of a farm building that originally cost 75,000 and has a salvage value of 15,000? Use the MACRS method.

a.3,346.50
b.3,345.75
c.4,432.50
d.669.30

Question 2

What is the third-year depreciation of a rent-to-own property that originally cost 325,000 and has a salvage value of 50,000? Use the MACRS method.

a.55,537.50
b.7,405
c.62,400
d.48,132.50

ong527 · **Reply #1 on:** Jun 24, 2018

Answer to Question 1

correct: a

Answer to Question 2

correct: d

big1devin · **Reply 2 on:** Jun 24, 2018

Thanks for the timely response, appreciate it

parker125

Gracias!