An automated inspection system purchased at a cost of $400,000 by Mega Tech Engineering was depreciated using the MACRS method. Determine the accumulated depreciation through year 4. Group of answer choices   $275,040   $137,520   $206,280   $68,760

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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An automated inspection system purchased at a cost of $400,000 by Mega Tech Engineering was depreciated using the MACRS method. Determine the accumulated depreciation through year 4. Group of answer choices

 

$275,040

 

$137,520

 

$206,280

 

$68,760

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