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

Question 45

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LiCheng's Enterprises just purchased some fixed assets that are classified as 3-year property for MACRS.The assets cost $2,900.What is the amount of the depreciation expense for year 4? LiCheng's Enterprises just purchased some fixed assets that are classified as 3-year property for MACRS.The assets cost $2,900.What is the amount of the depreciation expense for year 4? A) $214.89 B) $433.27 C) $719.67 D) $844.36 E) $1,477.63


A) $214.89
B) $433.27
C) $719.67
D) $844.36
E) $1,477.63

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