This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is the fifteenth-year depreciation of a farm building that originally cost 75,000 and has a ... (Read 129 times)

big1devin

  • Hero Member
  • *****
  • Posts: 583
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ong527

  • Sr. Member
  • ****
  • Posts: 285
Reply #1 on: Jun 24, 2018
Answer to Question 1

correct: a

Answer to Question 2

correct: d


big1devin

  • Member
  • Posts: 583
Reply 2 on: Jun 24, 2018
Gracias!

parshano

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

This 19-year-old in Wisconsin was given a reduced jail sentence for holding this sign in front of ... This 19-year-old in Wisconsin was given a reduced jail sentence for holding this sign in front of ...
Typical Startup Cost Categories Typical Startup Cost Categories
Does It Cost More to Eat Healthy? Does It Cost More to Eat Healthy?
You deposit $2000 each year into an account earning 4% interest compounded annually. How much ... You deposit $2000 each year into an account earning 4% interest compounded annually. How much ...
A company that makes cell phones has the following cost structure. They have fixed costs of ... A company that makes cell phones has the following cost structure. They have fixed costs of ...
Chinese Dragon new year 2024 Chinese Dragon new year 2024
Video: Structures that affect circulation - kidneys, blood volume and venous tone

For a complete list of videos, visit our video library