Del Norte Brick Co, is located near the intersection of Texas, New Mexico, and Mexico....
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Accounting
Del Norte Brick Co, is located near the intersection of Texas, New Mexico, and Mexico. Improved access to the company's property is via a small bridge across the Rio Grande. The cost of the bridge was $660,000. Determine the depreciation and book value for year 5 according to the MACRS (Modified Accelerated Cost Recovery System) method. The depreciation is determined to be $ The book value is determined to be $
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