Accountancy, asked by ahmadkhansaif26, 3 months ago


A firm is investing in an equipment which falls in 5-years MACRS. The cost of the machine
is $200,000 and the firm spent $20,000 for shipping, at the end of its life the machine could
be sell for $30,000. If the firm is in 34% tax bracket compute the tax savings from
depreciation in year-5.
a.
b.
$ 14,960.00
$ 13,600.00
$ 11,333.33
$ 8,616.96

Answers

Answered by Balu1990
0

Answer:

B

Explanation:

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