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a) A 180% DB switching to Straight Line, 5 years, half year convention, What is the depreciation amount for all years. Fill the Table Year 0 Deduction (3) (MACRS) Balance (6) 100%

a) A 180% DB switching to Straight Line, 5 years, half year convention, What is the depreciation amount for all years. Fill the Table Year 0 Deduction (3) (MACRS) Balance (6) 100%

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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a) A 180 % DB switching to Straight Line, 5 years, half year convention, What is the depreciation amount for all years. Fill the Table 0 5 1 Year Deduction (%) (MACRS) Balance (6) 100% 3 4 6 b) Based on Table in part a, compute the book value (Balance) at the end of year 4 if the asset is disposed of in year 4
Transcribed Image Text:a) A 180 % DB switching to Straight Line, 5 years, half year convention, What is the depreciation amount for all years. Fill the Table 0 5 1 Year Deduction (%) (MACRS) Balance (6) 100% 3 4 6 b) Based on Table in part a, compute the book value (Balance) at the end of year 4 if the asset is disposed of in year 4
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