A touch-sensitive assembly robot that costs $300,000 had a depreciable life of 5 years with an expected $50,000 salvage value when purchased 3 years ago. Using MACRS depreciation, determine any DR, CG, or CL if the company sold the robot after 3 years for $80,000.
A touch-sensitive assembly robot that costs $300,000 had a depreciable life of 5 years with an expected $50,000 salvage value when purchased 3 years ago. Using MACRS depreciation, determine any DR, CG, or CL if the company sold the robot after 3 years for $80,000.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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A touch-sensitive assembly robot that costs
$300,000 had a
expected $50,000 salvage value when purchased 3
years ago. Using MACRS depreciation, determine
any DR, CG, or CL if the company sold the robot
after 3 years for $80,000.
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