Question: * * * * please answer exactly this question thanks * * * * * If required, round interim computations to two decimal places and
please answer exactly this question thanks
If required, round interim computations to two decimal places and use rounded values in subsequent computations. Round
your final answer to the nearest dollar.
Click here to access the depreciation tables to use for this problem.
a What is the cost recovery at the end of three years under MACRS? $
Under ADS? $
What is the present value of the tax cost, after three years, of using ADS rather than MACRS?
b What is the present value of the tax savingscosts that result over the life years of the asset if Jamie uses MACRS rather than ADS?
$
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