Modified Accelerated Cost Recovery System (MACRS) (LO 8.2) Calculate the following: Click here to access...
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Modified Accelerated Cost Recovery System (MACRS) (LO 8.2) Calculate the following: Click here to access the various depreciation tables. If required, round your final answers to the nearest dollar. If your answer is zero, enter " 0 ". a. The first year of depreciation on a office building that cost $250,000 purchased June 2, 2022. x Foodhack Chack My Work b. The second year (2023) of depreciation on a computer that cost $5,000 purchased in May 2022, using the half-year convention and accelerated depreciation considering any bonus depreciation taken. 4 Feodback Chock My Work c. The first year of depreciation on a computer costing $2,800 purchased in May 2022, using the half-year convention and straight-line depreciation with no bonu\} depreciation. $ d. The third year of depreciation on business furniture costing $10,000 purchased in March 2020 , using the half-year convention and accelerated depreciation but bonus depreciation
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