d. The depreciation deduction for year 11 of an asset with a 20-year useful life is $3,600. If the salvage value of the asset was estimated to be zero and straight line depreciation was used to calculate the depreciation deduction for year 11, the initial cost of this asset is most closely equal to which of the following values? (a) $42,000 (b) $67,750 $72,500 (d) $80,000 e. Consider the following data extracted from an After Tax Cash Flow calculation. Before Tax Cash Flow = $22,500 Loan Principal Payment = $7,434 Loan Interest Payment = $892 MACRS Depreciation Deduction = $7,405 Taxes Due = $5,397 Which of the following is closest to the After Tax Cash Flow? (a) $1,372 $8,777 (C) $8,806 (d) $16,211

What is the after-tax salvage value of a 3-year MACRS machine with the $10,000 purchase price if it is sold after 3 years at a salvage value of $500? The annual depreciation rates are 33.33%, 44.45%, 14.81%, and 7.41%, and the tax rate is 25%. A) $935.25 B) $741 C) $560.25 D) -$60.25 E) -$241

Given a cost of a depreciable fixed asset of $24,000 with a salvage value of $2,000 and a life of 5 years, what is the annual depreciation of the fixed asset using the straight-line method?  What would be the depreciation in the second year if it used the declining balance method at double the straight-line rate? In regards to question #1, if the company used the straight-line method and sold the asset after 4 years for $7,000, what would be the journal entry needed to record the transaction?  What if they sold it for $5,000?

6666- Please I want solution of all sub-part questions. Thanks

Quantities at which revenues and costs are equal. breakeven point inflection point knee point saturation point Amount of money available for capital investment projects capital budget cash flow capital recovery cost of capital Tax on the use of cars and buses on the road. toll tarif VAT green tax capital recovery cost of capital Interest rate paid for the use of capital funds. depreciation rate first cost cost of capital inflation rate It is an extreme form of inferior good. It arises ecause the income effect is opposite to and outweighs the substitution effect. giffen good merit good disguised good kability Number of years at which the annual worth of costs is at minimum. payback period life-cycle economic service life net present value

A $100,000 asset has a $20,000 salvage value after its 10-year useful life. The depreciation allowance using straight-line depreciation is closest to what value? (a) $2000 (b) $8000 (c) $10,000 (d) $12,000?

9.  How much should be the balance of the accumulated depreciation for these machineries on December 31, 2021? a. ₱ 7,040,000   b. ₱ 5,840,000   c. ₱ 6,160,000   d. ₱ 6,400,000

5.Suppose that the purchase price of a piece of equipment is $1million.its salvage value at the end of its 5 years service life is $500000.Depreciate this asset using straight line depreciation  and declining balance depreciation.

Your company has purchased a large new trucktractor for over-the-road use (asset class 00.26). It has a cost basis of $179,000. With additional options costing $14,000, the cost basis for depreciation purposes is $193,000. Its MV at the end of six years is estimated as $36,000. Assume it will be depreciated under the GDS: a. What is the cumulative depreciation through the end of year two? b. What is the MACRS depreciation in the second year? c. What is the BV at the end of year one? Click the icon to view the partial listing of depreciable assets used in business. Click the icon to view the GDS Recovery Rates (rk). a. The cumulative depreciation through the end of year two is $ (Round to the nearest dollar.) b. The MACRS depreciation in the second year is $ (Round to the nearest dollar.) c. The BV at the end of year one is $ (Round to the nearest dollar.)

17 Your company purchased an asset with a total cost of $300,000. The asset has an expected useful life of 20 years.  The asset also has an expected residual value of $50,000.  Please prepare the depreciation amounts for the first 3 years of the asset’s life using Straight-Line Method and Double Declining Balance methods.  Please detail the depreciation amount and the ending book value for each year.