What depreciation is allowed for this asset in Year

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Question - 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: EM132165566

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