Question: HELP! Answer in full (see bullets and details at top- under required) Required: (1) Prepare a Working paper which shows the following: > Calculation of

HELP! Answer in full (see bullets and details at top- under required)

Required: (1) Prepare a Working paper which shows the following: > Calculation of the amount Bonus Depreciation, MACRS Depreciation and Amortization for 2023. > Assume for vears prior to 2023 no Section 179 or bonus depreciation were taken. For 2023 No Section 179 will be elected. Bonus Depreciation for Machinery 7 year will be elected out of. > Properly report the transactions on an excel spreadsheet showing, current year bonus depreciation, current year depreciation, current year amortization, current year amortization on prior year intangibles and depreciation on prior year assets > Do not recalculate Accumulated Depreciation. Assume it is correct

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