What is the amount of the depreciation expense in year 3 if


Overland Trucking just purchased some fixed assets that are classified as three-year property for MACRS. The MACRS rates are .3333, .4445, .1481, and .0741 for years 1 to 4, respectively. What is the amount of the depreciation expense in Year 3 if the initial cost is $387,950? No need to show work, just need final answer.

Solution Preview :

Prepared by a verified Expert
Finance Basics: What is the amount of the depreciation expense in year 3 if
Reference No:- TGS02198971

Now Priced at $10 (50% Discount)

Recommended (99%)

Rated (4.3/5)