A server computer purchased by Selectron, Inc. cost $1,483,400. Prepare a depreciation schedule using the MACRS (Modified Accelerated Cost Recovery System) method and calculate the accumulated depreciation at the end of year 3. (Round all amounts to the nearest cent)
A) $284,812.80
B) $890,040.00
C) $683,982.77
D) $1,056,180.80

Question

Quizplus · Accepted Answer

The Answer of A server computer purchased by Selectron, Inc. cost $1,483,400. Prepare a depreciation schedule using the MACRS (Modified Accelerated Cost Recovery System) method and calculate the accumulated depreciation at the end of year 3. (Round all amounts to the nearest cent)
A) $284,812.80
B) $890,040.00
C) $683,982.77
D) $1,056,180.80

A Server Computer Purchased by Selectron, Inc