Homework Answers
answer
cumulative depreciation for the end of the year 3 is =$82870
year 1 depreciation $148000*20%=$29600
year 2 depreciation $118000*32%=$37888
year 3 depreciation $80112*19.2%=$15381.5
the rates according to the table GDS recovery rate
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Your company has purchased a large new trucktractor for over-the-road use (asset class 00.26). It has...
Score: 0 of 1 pt 7 of 9 16 complete) HW Score: 59.72%, 5.38 of 9...
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PLEASE ANSWER WILL RATE
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Score: 0 of 1 pt 7 of 9 16 complete) HW Score: 59.72%, 5.38 of 9 pts Problem 7-11 (algorithmic) Question Help Your company has purchased a large new trucktractor for over-the-road use (asset class 00.26). It has a cost basis of $175,000. With additional options costing $14,000, the cost basis for depreciation purposes is $189.000. Its MV at the end of six years is estimated as $42.000. Assume it will be depreciated under the GDS: a. What is the...
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PLEASE ANSWER WILL RATE
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