Calculate the amount of depreciation for this machine

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Question - A machine has a cost of $175,000. Based on the 5 year MACRS depreciation schedule below, calculate the amount of depreciation for this machine in year 5.

MACRS 5 year Table

Year 1

0.2

Year 2

0.32

Year 3

0.192

Year 4

0.115

Year 5

0.115

Year 6

0.058

a. $56,000.00

b. $35,000.00

c. $10,150.00

d. $20,125.00

Reference no: EM133062762

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