Question: Modified Accelerated Cost Recovery System (MACRS) depreciation: a. Initially begins utilizing a declining balance depreciation method and allows taxpayers to switch to straight line at

Modified Accelerated Cost Recovery System (MACRS) depreciation:

a.

Initially begins utilizing a declining balance depreciation method and allows taxpayers to switch to straight line at any time.

b.

Adds the successive years of depreciable life of the asset to determine depreciation taken in a given year.

c.

Provides for the same amount of depreciation to be taken during each year of the assets useful life.

d.

All of the above.

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