Question

Roche Biotech provides company cars for it's salespeople that cost an average of $25,000. Using the class recovery system of five years, what is the depreciation expense in year 2 of the MACRS

Step 1

To calculate the depreciation expense for the desired year.

Step 2

The percentage rates under MACRS are provided by the IRS.

Step 3

For $25000, for a five year period, the depreciation am...

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