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Author Question: What is the fourth-year depreciation of an office filing cabinet that originally cost 2,000 and has ... (Read 142 times)

Jramos095

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on: Jun 24, 2018
What is the fourth-year depreciation of an office filing cabinet that originally cost 2,000 and has a salvage value of 600? Use the MACRS method.
 
 

  a.115.20
  b.178.60
  c.12.49
  d.249.80

Question 2

What is the second-year depreciation of a typewriter that originally cost 1,000? Use the MACRS method.
 
 

  a.44.45
  b.320
  c.24.49
  d.18


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Ahernandez18

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

correct: d

Answer to Question 2

correct: a


Jramos095

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

amynguyen1221

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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