First cost Book depreciation life MACRS property class Salvage value n 1 2345678 A $8,000 $8,000 $8,000 $8,000 $8,000 $8,000 $8,000 $0 B $22,857 $16,327 $11,661 $5,154 $0 $0 $0 $0 $80,000 7 years 7 years $24,000 C $11,429 $19,592 $13,994 $9,996 $7,140 $7,140 $7,140 $3,570 D $22,8 $16,3 $11,6 $8,33 $6,94 $6,94 $6,94 $0
First cost Book depreciation life MACRS property class Salvage value n 1 2345678 A $8,000 $8,000 $8,000 $8,000 $8,000 $8,000 $8,000 $0 B $22,857 $16,327 $11,661 $5,154 $0 $0 $0 $0 $80,000 7 years 7 years $24,000 C $11,429 $19,592 $13,994 $9,996 $7,140 $7,140 $7,140 $3,570 D $22,8 $16,3 $11,6 $8,33 $6,94 $6,94 $6,94 $0
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
2d
![First cost
Book depreciation life
MACRS property class
Salvage value
n
1
انان ادارادادام
2
3
4
5
6
7
8
A
$8,000
$8,000
$8,000
$8,000
$8,000
$8,000
$8,000
$0
B
$22,857
$16,327
$11,661
$5,154
$0
$0
$0
$0
$80,000
7 years
7 years
$24,000
C
$11,429
$19,592
$13,994
$9,996
$7,140
$7,140
$7,140
$3,570
D
$22,8
$16,3
$11,
$8,33
$6,94
$6,94
$6,94
$0](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ffb9d6f2b-2b45-4fdf-9bdb-235fdeab56a1%2F6fbca166-c30d-4042-97fb-62da71d0bb56%2F79os9ms_processed.png&w=3840&q=75)
Transcribed Image Text:First cost
Book depreciation life
MACRS property class
Salvage value
n
1
انان ادارادادام
2
3
4
5
6
7
8
A
$8,000
$8,000
$8,000
$8,000
$8,000
$8,000
$8,000
$0
B
$22,857
$16,327
$11,661
$5,154
$0
$0
$0
$0
$80,000
7 years
7 years
$24,000
C
$11,429
$19,592
$13,994
$9,996
$7,140
$7,140
$7,140
$3,570
D
$22,8
$16,3
$11,
$8,33
$6,94
$6,94
$6,94
$0
![Problem 2.d: which of the depreciation schedules uses the double-declining-balance
depreciation method? (P.S: the asset was scraped before it is fully depreciated under
double-declined balance method)
U
U
U
B
A
D
с](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ffb9d6f2b-2b45-4fdf-9bdb-235fdeab56a1%2F6fbca166-c30d-4042-97fb-62da71d0bb56%2Ffhegu6_processed.png&w=3840&q=75)
Transcribed Image Text:Problem 2.d: which of the depreciation schedules uses the double-declining-balance
depreciation method? (P.S: the asset was scraped before it is fully depreciated under
double-declined balance method)
U
U
U
B
A
D
с
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