Question:
Find the depreciation for the fifth year using MACRS cost
Last updated: 3/12/2023
Find the depreciation for the fifth year using MACRS cost recovery rates for the property placed in service at midyear The property is a 10 year property and was purchased for 146 153 Click the icon to view a table of MACRS rates The depreciation is Round to the nearest cent as needed MACRS Table 3 Year Year 1 33 33 44 45 2 3 4 5 6 7 8 9 10 11 12 14 81 7 41 Depreciation rate for recovery period 5 Year 7 Year 10 Year 15 Year 14 29 10 00 20 00 5 00 32 00 24 49 9 50 19 20 17 49 8 55 11 52 12 49 7 70 11 52 8 93 6 93 5 76 8 92 6 23 5 90 5 90 5 91 5 90 5 91 5 00 8 93 4 46 18 00 14 40 11 52 9 22 7 37 6 55 6 55 6 56 6 55 3 28 20 Year 3 750 7 219 6 677 6 177 5 713 5 285 4 888 4 522 4 462 4 461 4 462 4 401
