D Question 6 10 pts A manufacturing company has purchased three assets: Lathe Truck Building...
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D Question 6 10 pts A manufacturing company has purchased three assets: Lathe Truck Building Item $45,000$25,000 $800,000 Initial cost Book life MACRS class 7 years Salvage vale $3,000 Book depreciation 12 years 200,000 miles 50 years 5 years 39 years $2,000 $100,000 Unit production UP) DDB SL The truck was depreciated by the units-of-production method. Usage of the truck was 22.000 miles, 25,000 and 30,000 miles during the first three years, respectively Calculate the depreciation stated for each asset for the first three years. For the building consider it was bought on May of Year 1 Lathe Book Depreciation Truck Book Depreciation n Dn BV n Dn BV 0. 1 7,500 2 6.250 37.500 31.250 12,530 22,470 19,595 2 2.875
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