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What is the macrs depreciation in the fourth year

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Question - Your company has purchased a large new truck tractor for over-the road use (asset class 00 26) it has a cost basis of $182,000. With additional options costing $13.000. The cost basis for depreciation purposes is $195,000 Its MV at the end of six years is estimated as $44,000. Assume It will be depreciated under the GOS.

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

b. What is the MACRS depreciation in the fourth year?

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

Reference no: EM133067707

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