Business, 05.05.2020 08:16 sydneydavis57

Question 3 A high-precision programmable router for shaping furniture components is purchased by Henredon for $175,000. It is expected to last 12 years. Calculate the depreciation deduction and book value for each year using MACRS-GDS allowances. a. What is the MACRS-GDS property class? b. Assume the complete allowable depreciation schedule is used. End of Year dt Bt 0 $175,000 1 $ $ 2 $ $ 3 $ $ 4 $ $ 5 $ $ 6 $ $ 7 $ $ 8 $ $ 9 $ $ 10 $ $ 11 $ $ 12 $ $ c. Assume the asset is sold during the 5th year of use. End of Year dt Bt 0 $175,000 1 $ $ 2 $ $ 3 $ $ 4 $ $ 5 $ $ Use depreciation percentages to 2 decimal places. Round final answers to whole dollar. If there is no amount for a box enter 0. All boxes must be filled to be correct. Tolerance is +/- 5.

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