LiCheng's Enterprises just purchased some fixed assets that are classified as 3-year property for MACRS.The assets cost $1,900.What is the amount of the depreciation expense for year 2? $$\begin{array}{l}
\text { MACRS 3-year property }\
\begin{array} { l r }
\underline{ \text { Year }}&\underline{ \text { Rate }} \
1&33.33\%\
2 & 44.44 \% \
3 & 14.82 \% \
4 & 7.41 \%
\end{array}
\end{array}$$

Question

LiCheng's Enterprises just purchased some fixed assets that are classified as 3-year property for MACRS.The assets cost $1,900.What is the amount of the depreciation expense for year 2? $$\begin{array}{l}
\text { MACRS 3-year property }\
\begin{array} { l r } 
\underline{ \text { Year }}&\underline{ \text { Rate }} \
1&33.33\%\
2 & 44.44 \% \
3 & 14.82 \% \
4 & 7.41 \%
\end{array}
\end{array}$$

Quizplus · Accepted Answer

The Answer of LiCheng's Enterprises just purchased some fixed assets that are classified as 3-year property for MACRS.The assets cost $1,900.What is the amount of the depreciation expense for year 2? $$\begin{array}{l}
\text { MACRS 3-year property }\
\begin{array} { l r } 
\underline{ \text { Year }}&\underline{ \text { Rate }} \
1&33.33\%\
2 & 44.44 \% \
3 & 14.82 \% \
4 & 7.41 \%
\end{array}
\end{array}$$

LiCheng's Enterprises Just Purchased Some Fixed Assets That Are Classified