Using the information available in the MACRS table below, what will the year 3 depreciation expense...
Using the information available in the MACRS table below, what will the year 3 depreciation expense be for a capital investment with a $10.5 million depreciation base that can be depreciated on a 3-Year MACRS schedule?
Homework Answers
According to 3 year MACRS schedule depreciation rates for 4 years are 33.33% , 44.45% , 14.81% 7.4%
Depreciation = Cost * depreciation rate
3 year depreciation = 10.5 million * 14.81%
= $1555050 or 1.56 million.
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