What is the depreciation expense in year 3

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A project requires $336,000 of equipment that is classified as 7 year property. What is the depreciation expense in year 3 given the following MACRS depreciation allowance, starting with year one: 14.29, 24.49, 17.49, 12.49, 8.93, 8.92, 8.93 and 4.46percent

A. $38,033
B. $41,267
C.$48,509
D. $58,766
E. $61,322

 

Reference no: EM13303824

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