A piece of construction machinery costs $5,000.00 and has an anticipated salvage value of $1,000.00...
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Accounting
A piece of construction machinery costs $5,000.00 and has an anticipated salvage value of $1,000.00 at the end of its 5 year depreciable life. Using 5 year MACRS depreciation (1/2 year convention), what is the depreciation value in year 5? $960 $576 $461 $0
A piece of construction machinery costs $5,000.00 and has an anticipated salvage value of $1,000.00 at the end of its 5 year depreciable life. Using 5 year MACRS depreciation (1/2 year convention), what is the depreciation value in year 5?
$960
$576
$461
$0
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