A firm is considering the purchase of a new machine for $300,000.The firm is unsure if it should use the 3-Year MACRS schedule or straightline depcreciation over three years.What is the difference in the book value after three years if the firm uses MACRS instead of straightline depreciation?
A)$0
B)$7,410
C)$14,820
D)$66,660

Question

A firm is considering the purchase of a new machine for $300,000.The firm is unsure if it should use the 3-Year MACRS schedule or straightline depcreciation over three years.What is the difference in the book value after three years if the firm uses MACRS instead of straightline depreciation?
A)$0 
B)$7,410 
C)$14,820 
D)$66,660

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The Answer of 
A firm is considering the purchase of a new machine for $300,000.The firm is unsure if it should use the 3-Year MACRS schedule or straightline depcreciation over three years.What is the difference in the book value after three years if the firm uses MACRS instead of straightline depreciation?
A)$0 
B)$7,410 
C)$14,820 
D)$66,660

A Firm Is Considering the Purchase of a New Machine