What depreciation expense would a new energy-efficient hvac, Financial Accounting

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What depreciation expense would a new energy-efficient hvac

The Ministry of Finance published the FY2009 Tax Reform (Main Points) on December 19, 2008. Included in the Reform is the introduction of a 2-year measure allowing immediate depreciation for investment in energy-saving facilities and appliances. Assume this measure doubles the MACRS allowable depreciation for the first year.

What depreciation expense would a new energy-efficient HVAC system costing $138,500 be for the first year (assume a 15-year life class)?

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