Contemporary Engineering Economics 6th Edition by Chan Park

تمرين 25

A piece of machinery purchased at a cost of $92,000 has an estimated salvage value of $12,000 and an estimated useful life of five years. It was placed in service on May 1st of the current fiscal year, which ends on December 31st. The asset falls into a seven-year MACRS property category. Determine the depreciation amounts over the useful life.