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Bernie's Beverages purchased some fixed assets classified as 5-year property for MACRS. The assets cost $30,000. What will the accumulated depreciation be at the end of year three?MACRS 5-year property Year Rate
1 ................. 20.00%
2 ................. 32.00%
3 ................. 19.20%
4 ................. 11.52%
5 ................. 11.52%
6 ................. 5.76%
Multiple Choices:
a. $15,600
b. $3,456
c. $6,000
d. $21,360
e. $25,290
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