If the depreciable investment is $600,000 and the MACRS 5-Year class schedule is:
Year-1: 20%; Year-2: 32%; Year-3: 19.2%; Year-4: 11.5%; Year-5: 11.5% and Year-6: 5.8% Calculate the depreciation for Year-2.
A) $120,000
B) $192,000
C) $96,000
D) $115,200

Question

Quizplus · Accepted Answer

The depreciation for Year-2 is calculated as 32% of the depreciable investment: $600,000 * 0.32 = $192,000.

If the Depreciable Investment Is $600,000 and the MACRS 5-Year