A piece of construction equipment (asset class 15.0) was purchased by the Jones Construction Company. The cost

Question:

A piece of construction equipment (asset class 15.0) was purchased by the Jones Construction Company. The cost basis was $300,000.
a. Determine the GDS and ADS depreciation deductions for this property.
b. Compute the difference in PW of the two sets of depreciation deductions in Part (a) if i =12% per year.

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