MRT, a calendar year corporation, placed the following assets in service this year:
a. Compute MRT’s MACRS depreciation with respect to the assets placed in service this year. Assume MRT does not elect to use first-year bonus depreciation or Section 179.
b. In December, MRT decided to purchase $285,000 of additional equipment. The corporation could buy the equipment and place it in service before year-end, or it could postpone the purchase until January. What effect does this decision have on MRT’s depreciation with respect to the assets already in service?

  • CreatedNovember 03, 2015
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