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Using the table below, answer problems 1-3 below: STRAIGHT DEPR МACRS DDB YEAR BV rate DEP BV DEP BV 200000 200000 200000 $26,286 $173,714.29 $26,286 $26,286 $26,286 $26,286 $26,286 $26,286 $26,286 9. $57,143 $28,580.00 $48,980.00 $34,980.00 $24,980.00 $17,860.00 $17,840.00 $17,860.00 $8,920.00 $142,857 $102,041 $72,886 $52,062 $37,187 $26,562 $18,973 $171,420.00 $122,440.00 $40,816 $29,155 0.1429 $147,428.57 $121,142.86 $94,857.14 $68,571.43 $42,285.71 $16,000.00 0.2449 $87,460.00 $62,480.00 3. 0.1749 $20,825 $44,620.00 $14,875 $10,625 4 0.1249 5n 0.0893 $26,780.00 $8,920.00 $0.00 0.0892 0.0893 $7,589 0.0446 10 11 2. If (n) is 7 years (recovery period), what is the book value for each method at the end of its recovery period? 3. Which method has a salvage value ($16,000) that has not been met at the end of the recovery period? 708

Using the table below, answer problems 1-3 below: STRAIGHT DEPR МACRS DDB YEAR BV rate DEP BV DEP BV 200000 200000 200000 $26,286 $173,714.29 $26,286 $26,286 $26,286 $26,286 $26,286 $26,286 $26,286 9. $57,143 $28,580.00 $48,980.00 $34,980.00 $24,980.00 $17,860.00 $17,840.00 $17,860.00 $8,920.00 $142,857 $102,041 $72,886 $52,062 $37,187 $26,562 $18,973 $171,420.00 $122,440.00 $40,816 $29,155 0.1429 $147,428.57 $121,142.86 $94,857.14 $68,571.43 $42,285.71 $16,000.00 0.2449 $87,460.00 $62,480.00 3. 0.1749 $20,825 $44,620.00 $14,875 $10,625 4 0.1249 5n 0.0893 $26,780.00 $8,920.00 $0.00 0.0892 0.0893 $7,589 0.0446 10 11 2. If (n) is 7 years (recovery period), what is the book value for each method at the end of its recovery period? 3. Which method has a salvage value ($16,000) that has not been met at the end of the recovery period? 708

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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Using the table below, answer problems 1-3 below: STRAIGHT МАCRS DDB YEAR DEPR BV rate DEP BV DEP BV 200000 200000 200000 $26,286 $26,286 $26,286 $26,286 $26,286 6. $173,714.29 $147,428.57 $121,142.86 $94,857.14 $68,571.43 $42,285.71 $16,000.00 $171,420.00 $122,440.00 $87,460.00 $62,480.00 $4,620.00 $26,780.00 $8,920.00 $0.00 $57,143 $40,816 $29,155 $20,825 $14,875 $10,625 $7,589 $142,857 $102,041 $72,886 $52,062 $37,187 $26,562 $18,973 $28,580.00 $48,980.00 1 0.1429 0.2449 3 0.1749 $34,980.00 $24,980.00 $17,860.00 $17,840.00 $17,860.00 $8,920.00 4 0.1249 0.0893 $26,286 $26,286 $26,286 0.0892 0.0893 8. 0.0446 6. 10 11 2. If (n) is 7 years (recovery period), what is the book value for each method at the end of its recovery period? 3. Which method has a salvage value ($16,000) that has not been met at the end of the recovery period?
Transcribed Image Text:Using the table below, answer problems 1-3 below: STRAIGHT МАCRS DDB YEAR DEPR BV rate DEP BV DEP BV 200000 200000 200000 $26,286 $26,286 $26,286 $26,286 $26,286 6. $173,714.29 $147,428.57 $121,142.86 $94,857.14 $68,571.43 $42,285.71 $16,000.00 $171,420.00 $122,440.00 $87,460.00 $62,480.00 $4,620.00 $26,780.00 $8,920.00 $0.00 $57,143 $40,816 $29,155 $20,825 $14,875 $10,625 $7,589 $142,857 $102,041 $72,886 $52,062 $37,187 $26,562 $18,973 $28,580.00 $48,980.00 1 0.1429 0.2449 3 0.1749 $34,980.00 $24,980.00 $17,860.00 $17,840.00 $17,860.00 $8,920.00 4 0.1249 0.0893 $26,286 $26,286 $26,286 0.0892 0.0893 8. 0.0446 6. 10 11 2. If (n) is 7 years (recovery period), what is the book value for each method at the end of its recovery period? 3. Which method has a salvage value ($16,000) that has not been met at the end of the recovery period?
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