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How much would depreciation be each year using

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A firm purchased an $84,000 asset with an estimated useful lifespan of 9 years. How much would depreciation be each year using the half-year convention?

Use the rates described in the lecture. Use the 5-year MACRS schedule.

Depreciation year

 3-year MACRS 5-year MACRS 7-year MACRS
1

0.333

0.200

0.143
2

0.445

0.320

0.245
3

0.148

0.192

0.175
4

0.074

0.115

0.125
5

 

0.115

0.089
6

 

o.o58

0.089
7

 

 

0.089
8

 

 

0.045
9

 

 

 

 

 

Reference no: EM131789534

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