A 5-year macrs class equipment that costs 50000 was sold
Question: A 5-year MACRS class equipment that costs $50,000 was sold for $15,000 after depreciating it for 3 years using MACRS. What is the amount of depreciation recapture?
a. $0
b. $400
c. $600
d. $1200
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question a 5-year macrs class equipment that costs 50000 was sold for 15000 after depreciating it for 3 years using
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