Question: need help asap Using the table below, answer problems 1-3 below DDB MACRS DEP rate DEP YEAR o STRAIGHT DEPR BV 700555 $92,073 $608,482.06 $92,073

need help asap  need help asap Using the table below, answer problems 1-3 below
DDB MACRS DEP rate DEP YEAR o STRAIGHT DEPR BV 700555 $92,073

Using the table below, answer problems 1-3 below DDB MACRS DEP rate DEP YEAR o STRAIGHT DEPR BV 700555 $92,073 $608,482.06 $92,073 $516,409.11 1 2 $92,073 $92,073 $92,073 $92,073 0.1429 0.2449 0.1749 0.1249 0.0893 0.0892 0.0893 0.0446 $332,263.23 $240,190.29 $148,117.34 $56,044.40 $100,109.31 $171,565.92 $122,527.07 $87,499.32 $62,559.56 $62,489.51 $62,559.56 $31,244.75 $0.00 $0.00 $0.00 BV | 700555 $600,445.69 $428,879.77 $306,352.70 $218,853.38 $156,293.82 $93,804.31 $31,244.75 $0.00 $0.00 $0.00 $0.00 BV 700555 $500,396 $357,426 $255,304 $182,360 $130,257 $93,041 $66,458 $200,159 $142,970 $102,122 $72,944 $52,103 $37,216 $26,583 2. If (n) is 7 years (recovery period), what is the book value for each method at the end of the recovery period? (3pts) 3. Which method has a salvage value ($56,044.40) that has not been met at the end of the recovery period? (2pts)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!