Question: Return This robot cost you $30,869 (including shipping and installation costs). You planned to use it for at least 13 years, at which point

Return This robot cost you $30,869 (including shipping and installation costs). You

Return This robot cost you $30,869 (including shipping and installation costs). You planned to use it for at least 13 years, at which point you estimate you'll be able to sell it for $5,864. But, plans have changed. You've been using this Kuka robot for two years, and you realize you need a larger machine, you're going to sell this robot at the end of only your second year of ownership. As expected, the value of the robot has declined (partially because the technology on newer robots has improved, and partially because of wear and tear on the components). It's actually declined a bit faster than you thought, and you're able to sell the robot for only $11,372 Property Class 27.5-year property 39-year property Real Property (real estate) Residential rental property (does not include hotels & motels) Nonresidential real property MACRS GDS rates for personal property Recovery 3-year 5-year 7-year 10-year 15-year 20-year Year 1 33.33 20.00 14.29 10.00 5.00 3.750 2 44.45 32.00 24.49 18.00 9.50 7.219 3 14.81 19.20 17.49 14.40 8.55 6.677 4 7.41 *11.52 12.49 11.52 7.70 6.177 5 11.52 *8.93 9.22 6.93 5.713 6 5.76 8.92 7.37 6.23 5.285 What are the capital gains the business will record as income when it sells this robot? If there aren't any capital gains, enter 0 as your answer? Give your answer in dollars (rounded to the nearest penny). For example, if the answer was $123,456.78 you should enter 123456.78. 11 12-15 7 8 8.93 *6.55 *5.90 4.888 4.46 6.55 5.90 4.522 9 *Convert to straight-line 6.56 5.91 *4.462 10 6.55 5.90 4.461 3.28 5.91 4.462 In 15-year 12-15 alternate 5.90 & 5.91 5.9x 4.461 16 17-20 21 1 MACRS GDS rates for real property Year Jan Feb Mar Apr Jun Oct May Jul Aug Sep 2.461 2.247 2.033 1.819 1.605 1.391 1.177 0.963 0.749 0.535 0.321 0.107 2-39 2.564 2.564 2.564 2.564 2.564 2.564 2.564 2.564 2.564 2.564 2.564 Nov Dec 2.564 40 0.107 0.321 0.535 0.749 0.963 1.177 1.391 1.605 1.819 2.033 2.247 2.431 2.95 4.461 In 20-year 17-20 alternate 4.461 & 4.462 4.46x 2.231

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