Question: Your company bought a new machine for $ 3 9 , 0 0 0 . The machine falls into the 7 - year MACRS category:

Your company bought a new machine for $39,000. The machine falls into the 7-year MACRS category:
Year Depreciation rate
114.29%
224.49%
317.49%
412.49%
58.93%
68.92%
78.93%
84.46%
What is the allowed amount of depreciation for year 3?
What is the allowed amount of depreciation for year 3?

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