Farm Management 7th Edition by Ronald Kay , William Edwards,Patricia Duffy

تمرين 5

Repeat the calculations in Question 4 without expensing, and compare the annual depreciation.
Reference Question 4:
Assume Fred Farmer purchased a new cotton harvester for $232,500 on March 1. Compute the maximum Section 179 expensing (assume a limit of $200,000 for the current year) and regular depreciation for the year of purchase using the regular MACRS method, and calculate the harvester's adjusted tax basis at the end of the year.