What is the depreciation charge of an equipment purchased five years ago for $200,000, and a expected

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What is the depreciation charge of an equipment purchased five years ago for $200,000, and a expected life of 10 years if it is depreciated using the MACRS method?

a) $6,560

b) $23,040

c) $18,440

d) $14,740

Related Book For answer-question

Intermediate Accounting

ISBN: 978-0324300987

10th Edition

Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones

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Posted Date: Feb 21, 2019 12:23 AM

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What is the depreciation charge of an equipment purchased five years ago for $200,000, and a expected

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We select MACRS with recovery period of 10 years for ... View the full answer

Intermediate Accounting

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