What is maintenance CAPEX for The Lone Star Brewing Co. in Year 4? The depreciation rate is 12.16%. Lone Star Brewing Co. Selected Financial Information Revenue CAPEX PP&E Depreciation 7,313,090 8,636,268 Year 3 $69,114,434 $89,848,764 O $7,583,927 O $2,628,339 O $1,050,170 Year 4 O $6,837,156 11,630,676 21,614,632 49,389,459 62,367,823

K Depreciation Norton Systems acquired two new assets. Asset A was research equipment costing $19,000 and having a 3-year recovery period. Asset B was duplicating equipment having an installed cost of $56,000 and a 5-year recovery period. Using the MACRS depreciation percentages, prepare a depreciation schedule for each of these assets. Complete the depreciation schedule for asset A below: Recovery Year 1 ... Depreciation (Round to the nearest dollar.) edit: 0 Qu Qu

MACRS Depreciation Rate Year 0 20.00% OA. $19,104 OB. $11,520 OC. $1,896 OD. $9,480 Year 1 32.00% Year 2 19.20% Year 3 Year 4 11.52% 11.52% Year 5 5.76% A bakery invests $40,000 in a light delivery truck. This was depreciated using the five-year MACRS schedule shown above. If the company sold it immediately after the end of year 2 for $21,000, what would be the after-tax cash flow from the sale of this asset, given a tax rate of 20%?

Chart of Accounts Instructions CHART OF ACCOUNTS Equipment acquired on January 6 at a cost of $360,550, has an estimated useful ife of 12 years and an estimated residual value of $69.910 General Ledger Required: a. What was the annual amount of deoreciation for Years 1-3 using the straight-ine method of depreciation? REVENUE ASSETS b. What was the book value of the equpment on January 1 of Year 47 410 Sales 110 Cash c Assuming that the equipment was sold on January 3 of Year 4 for $272.570, journalize the entry to record the sale Refer to the chart of 610 Interest Revenue accounts for the eract wording of the account ties CNOW journals do not use lines for journal explanations Every line on a journal page is used 111 Petty Cash 620 Gain on Sale of Delivery Truck for debit or credt entnes CNOW journals wit automaticaly indent a credit entry when a credit amount is entered 112 Accounts Receivable a. Assuming that the equipment had been sold on January 3 of Year 4 for $303,490 instead of…