Question: Tom has bought a yellow automobile for $10K. Using MACRS GDS and DDB depreciation, construct the annual depreciation allowance table. Please answer using a detailed

Tom has bought a yellow automobile for $10K. Using MACRS GDS and DDB depreciation, construct the annual depreciation allowance table.

Please answer using a detailed hand calculation or excel with a visual of formulas used, if compounding interest tabled are used please state.

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