What is the cumulative depreciation through the end of year

Reference no: EM13214516

Your company has purchased a large new truck tractor for over-the-road use (asset class 00.26). It has a cost basis of $180,000. With additional options costing $15,000, the cost basis for depreciation purposes is $195,000. Its MV at the end of five years is estimated as $40,000. Assume it will be depreciated under GDS.

a. What is the cumulative depreciation through the end of year three?

b.What is the MACRS depreciation in the 4th year?

c. What is the BV at end of year 2?

Reference no: EM13214516

Questions Cloud

Capital purchases and expansion plans : Increase in demand for funds as well as an increase in inflation will put upward pressure on interest rates and businesses will also reign in on capital purchases and expansion plans in order to keep their operating costs in line.

Compute v40 and do a degree-of-freedom analysis : The object ofthis problem is to determine V40, the required volume ofthe 40% mixture. Calculate V40 and do a degree-of-freedom analysis.

What is the difference in the amount of depreciation : A construction company is considering changing its depreciation from MACRS method to historical SL method for a general purpose hauling truck. The cost basis of the truck is $100,000, and the expected salvage value for depreciation purposes is $8,..

Explain what is the molecular formula of the compound : It has a pressure of 46.3 mmHg and 24.6 C (degrees). what is the molecular formula og the compound

What is the cumulative depreciation through the end of year : Your company has purchased a large new truck tractor for over-the-road use (asset class 00.26). It has a cost basis of $180,000. With additional options costing $15,000, the cost basis for depreciation purposes is $195,000. Its MV at the end of fi..

Compute the depreciation schedule : An asset is purchased for $150,000. The asset is depreciated by using MACRS depreciation and a 5-year recovery period. At the end of the third year of use, the business changes its product mix and disposes of the asset.

Depict an orbital picture for acetylene : draw an orbital picture for acetylene C2H2 label each bond type and indicate type of orbitals involved in each bond.

What creative programs and initiatives to stimulate the us : Feel free to include your very own original stimulus plan and/or ideas in your response, which can also be used to enhance existing platforms from candidates and/or other influential thought leaders.

Discuss the merits of bernsteins arguments : Discuss the merits of Bernstein's arguments and apprehensions regarding reserves and explain how this perspective can be factored into an analysis of past earnings trends, estimates of future earnings, and the valuation of common stock.

User Account

All Pages