Bg Trucking Company has purchased a $100,000 dump truck that has a uselul ife of 8 years. After the first year of use, the market vale of the dump truck lalls to $70,000. What are the accounting and economic depreciation of the truck, respectively? O 30000, $12500 $70000, $25000 O $12500, S30000 $10000, $10000

All subpart in 1 question

A relatively small privately owned coal-mining company has the sales results summarized below. Determine the annual percentage depletion for the coal mine. Assume the company’s taxable income is $150,000 each year.   Year Sales, Tons Spot Sales Price, $/Ton 1 34,300 9.82 2 50,100 10 3 71,900 11.23   Year Gross Income, $ Depletion amount 50% of the taxable amount Allowed Depletion 1         2         3

First cost of equipment = $200,000 Market value at the end of year 6 = $10,000 MACRS depreciation is used. The equipment is a 5-year property. Incremental income-tax rate for the company = 35%   Year 0 1 2 3 4 5 6 BT-CF in $ -200K 60K 63K 66K 69K 72K 75K Market value = 10K   The first-year after tax-cash flow is equal to _____________.