Determine the depreciation allowed for tax purposes for the


In 2006, your company purchased a front-end loader for $150,000, a dump truck for $85,000, and a dumping trailer (pup) for the dump truck for $38,000. In 2007, your company purchased two side-dump trailers for $65,000 each and two tractors to pull the side-dump trailers for $68,000 each. In December of 2008, your company purchased a dump truck for $87,000. Determine the depreciation allowed for tax purposes for the 2008 tax year. The tax year runs from January to December. Ignore all Section 179 deductions.

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Finance Basics: Determine the depreciation allowed for tax purposes for the
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