Electric generating and transmission equipment is placed in, Financial Management

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Electric generating and transmission equipment is placed in

Electric generating and transmission equipment is placed in service at a cost of $3,100,000. It is expected to last 30 years with a salvage value of $250,000.

a. What is the MACRS-GDS property class?

b. Determine the depreciation deduction and the unrecovered investment during each of the first 4 tax years.

EOY

Depreciation Deduction

Unrecovered Investment

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