Modified accelerated cost recovery system, Cost Accounting

Assume new instruments for a firm cost $18,000 with an additional installation fee of $2,000, both of which are depreciable. Finish the depreciation schedule shown below using the Modified Accelerated Cost Recovery System (MACRS) 3-year class.

 

Year

Rate

Basis

Depreciation

1

     

2

     

3

     

4

     

 

 

 

Posted Date: 3/26/2013 9:07:39 AM | Location : United States







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