Bernie's Beverages purchased some fixed assets classified as 5-year property for MACRS.The assets cost $94,000.What will the accumulated depreciation be at the end of year three?
A)$13,520
B)$25,056
C)$38,241
D)$48,759
E)$66,928

Question

Bernie's Beverages purchased some fixed assets classified as 5-year property for MACRS.The assets cost $94,000.What will the accumulated depreciation be at the end of year three? 
A)$13,520 
B)$25,056 
C)$38,241 
D)$48,759 
E)$66,928

Quizplus · Accepted Answer

The Answer of Bernie's Beverages purchased some fixed assets classified as 5-year property for MACRS.The assets cost $94,000.What will the accumulated depreciation be at the end of year three? 
A)$13,520 
B)$25,056 
C)$38,241 
D)$48,759 
E)$66,928

Bernie's Beverages Purchased Some Fixed Assets Classified as 5-Year Property