Question

PLEASE SHOW ALL WORK! On February 22, 2010 (the real Washington's Birthday!) you company bought computers for twent...

PLEASE SHOW ALL WORK!

On February 22, 2010 (the real Washington's Birthday!) you company bought computers for twenty eight thousand dollars. What would be the dollar value of depreciation your company could take in the following years assuming they use MACRS:

a. 2009

b. 2011

c. 2012

d. 2015

e. 2017

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Answer #1

Computer falls under five years MACRS table:

Calculate the depreciation amount as follows:

A B Depreciation $0.00 890 Year Rate 2009 891 0% $5,600.00 $8,960.00 $5,376.00 $3,225.60 $3,225.60 $1,612.80 892 2010 20% 32%

Formulas:

A B C Depreciation |=28000*B891 |=28000*B892 |=28000*B893 - 28000*B894 |=28000*B895 -28000 B896 - 28000*B897 -28000*B898 |=28

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