1 answer

An automated assembly robot that cost $400,000 has a depreciable life of 5 years with a...

Question:

An automated assembly robot that cost $400,000 has a depreciable life of 5 years with a $100,000 salvage value. The MACRS depreciation rates for years 1, 2, and 3 are 20%, 32% and 19.2% respectively. What is the book value at the end of year 6?

Group of answer choices

a 0.192%

b $23,040

c $115,200

d $0.00


Answers

Year Depreciation Rate Depreciation=400000*rate Book value
1 20 80000 320000
2 32 128000 192000
3 19.2 76800 115200
4 11.52 46080 69120
5 11.52 46080 23040
6 5.76 23040 0

so, the book value at the end of year 6 = 0

option(D)

.

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