Compute regular MACRS depreciation for the following qualiﬁed assets. (Ignore bonus depreciation and Section 179 deduction.)
(a.) Business equipment purchased in February for $35,000 which has a salvage value of $5,000. (b.) Business car purchased in May for $22,000 which has a salvage value of $3,000.

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The Answer of Compute regular MACRS depreciation for the following qualiﬁed assets. (Ignore bonus depreciation and Section 179 deduction.)
(a.) Business equipment purchased in February for $35,000 which has a salvage value of $5,000. (b.) Business car purchased in May for $22,000 which has a salvage value of $3,000.

Compute Regular MACRS Depreciation for the Following Qualiﬁed Assets