1 calculate the annual macrs depreciation for a 20000 truck, Ask an Expert

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1. Calculate the annual MACRS depreciation for a $20,000 truck that qualifies as a 5-year MACRS asset. The truck is estimated to have a $7,000 salvage value 6 years from now.

2. Calculate the MACRS depreciation schedule for a drill press that costs $148,000 and has installation and shipping costs of $2,000. The drill press is classified as a 7-year MACRS asset.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92091854

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