A high-precision programmable router for shaping furniture components is purchased by Henredon for $99,100. It is...

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Finance

A high-precision programmable router for shaping furniturecomponents is purchased by Henredon for $99,100. It is expected tolast 9years. Calculate the depreciation deduction and book valuefor each year using MACRS-GDS allowances.

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As per the applicable rules the router for shaping furniture components will be treated as a 7 Year MACRS property The depreciation deduction and book value each year is calculated as below Year Cost A MACRS Depreciation Rate B Annual    See Answer
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