question archive Under MACRS, an asset which originally cost $100,000 is being depreciated using a 10-year normal recovery period
Under MACRS, an asset which originally cost $100,000 is being depreciated using a 10-year normal recovery period
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Under MACRS, an asset which originally cost $100,000 is being depreciated using a 10-year normal recovery period. The depreciation expense in year 5 is
$10,000.
$12,000.
$21,000.
9,000
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Answer is $9,000
Cost of Asset $100,000
Recovery Period = 10 years
Depreciation Rate in Year 5 = 9% (as per MACRS rate table)
Depreciation Expense = 9% * $100,000 Depreciation Expense $9,000
