Peterborough Trucking just purchased some fixed assets that are classified as 3-year property for MACRS.The assets cost $10,600.What is the amount of the depreciation expense in year 3?
A)$537.52
B)$1,347.17
C)$1,569.86
D)$1,929.11
E)$2,177.56

Question

Peterborough Trucking just purchased some fixed assets that are classified as 3-year property for MACRS.The assets cost $10,600.What is the amount of the depreciation expense in year 3? 
A)$537.52 
B)$1,347.17 
C)$1,569.86 
D)$1,929.11 
E)$2,177.56

Quizplus · Accepted Answer

The Answer of Peterborough Trucking just purchased some fixed assets that are classified as 3-year property for MACRS.The assets cost $10,600.What is the amount of the depreciation expense in year 3? 
A)$537.52 
B)$1,347.17 
C)$1,569.86 
D)$1,929.11 
E)$2,177.56

Peterborough Trucking Just Purchased Some Fixed Assets That Are Classified