After 7 years of use the bulldozer should have a salvage

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Reference no: EM13622291

Muddy Meadows Earthmoving can purchase a bulldozer for $80,000. After 7 years of use the bulldozer should have a salvage value of $15000. What depreciation is allowed for this asset in year 5 for:

a) MACRS depreciation?

b) straight-line depreciation?

c) sum-of-the-years' -digits (SOYD) depreciation?

d) 150% declining balance depreciation?

Reference no: EM13622291

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