A 5-year macrs class equipment that costs 50000 was sold, Microeconomics

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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? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Microeconomics: A 5-year macrs class equipment that costs 50000 was sold

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Microeconomics: A 5-year macrs class equipment that costs 50000 was sold

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