a) Determine the depreciation of the first year of equipment used for research. The initial investment was $4.2 million and at the end of its useful life of 6 years it is estimated that the residual value will be $341 thousand. Use 40% partial bond depreciation along with MACRS depreciation. b) Send the calculations made to arrive at the answer through the area provided. Calculations submitted and answer in part (a) must match to receive credit.

Provide step by step manual solution, given, and depreciation table for below mentioned problem.  Make sure yet that your answer is the same as the given answer before sending your solution.  An asset costing P50,000 has a life expectancy of 6 years and an estimated salvage value of P8,000. Calculate the depreciation charge at the end of the fourth period using fixed-percentage method. Answer. P5,263.87

A project requires $16,412 of equipment that is classified as a 7-year property. What is the depreciation expense in Year 5 given the following MACRS depreciation allowances, starting with year one: 14.29, 24.49, 17.49, 12.49, 8.93, 8.92, 8.93, and 4.46 percent? Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box.

A project requires an investment of $800 in a fixed asset that is classified as a five-year asset under MACRS.  The project will have a three-year life.  Find the depreciation for year three.

Please solve and show work. The correct answer should be 13.7

A two-year project has an initial requirement of $500,000 for fixed assets and $100,000 for net working capital. The fixed assets will be depreciated using MACRS and the fixed asset falls into the three-year MACRS class. Depreciation rates for years 1 and 2 are 0.3333 and 0.4445. The estimated salvage value is $120,000. All of the net working capital will be recouped at the end of the 2 years. Management estimates that sales revenues less costs will be $700,000 per year for years 1 and 2. The discount rate is 9 percent and tax rate is 35 percent. What is the initial investment for this project? $513,327.50 ○ $600,000 $1,300,000 $500,000

show your solution and answer

Please show all your work

Using a spreadsheet, compute the book values of a $12,000 asset over a seven-year life, with declining balance depreciation (d = 0.25). Also, compute the book valu of the $12,000 asset using straight-line depreciation, with a scrap value of $5,000 after seven years. Determine the book values. (Round to the nearest dollar as needed.) Year Book Value Book Value Declining Balance Straight Line 2$ 1 $ $4 3 $ 4 $4 $ 5 2$ $4 $4 7 $ Do