AutoSave

File Home Insert Draw Page Layout Formulas Data Review View Help

of Cut

$[$it copy

Paste

Format Painter

General

Conditional Format as

Formatting $vv$ Table $vv$

Clipboard

$|y|$

Font

Number

Styles

J$19$

B $B$

Problem $4-4$

Depreciation and accounting cash flow A firm in the third year of depreciating its only asset, which originally cost $$180,000$ and has a $5-$year MACRS recovery period $($see Table $4\mathrm{.}2),$ has gathered the following data relative to the current year's operations.

$\backslash$table$[[$Accruals$,$$$15,000$