Example MACRS Modified Accelerated Cost Recovery System

An asset initial cost is $$900,000,$ and is a MACRS $5-$year class and has a salvage value of $$70,000$ and depreciates over $5$ years. Calculate the Depreciation Schedule if a $60\%$ Bonus Depreciation is in place.

$\backslash$table$[[$Year$,t,$MACRS, $r_t\%,$Cost Basis $B_t,$Depreciation, $d_t,$Cumuld ${?}_t,B{V}_t=B_t-{\displaystyle \underset{t=1}{\overset{t}{}}}{d}_t$