Krupetskiy4AC450A

Krupetskiy4AC450A - Total Deduction $264,286 b. Sec. 179...

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Tanya Krupetskiy Professor Weber AC450A Week 4 Chapter 8 Problem 31 Cost $100,000 Less: Cost Recovery 2007 $(455) 2008 $(3,636) 2009 $(152) Loss (unrecovered cost) $95,758 Gain on the sale of an asset $2,243 Problem 45 a. Sec. 179 $50,000 50 % additional first-year depreciation $- Standard MACRS calculation $- $50,000 Sec. 179 $200,000 50 % additional first-year depreciation $12,500 Standard MACRS calculation $1,786 $214,286
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Unformatted text preview: Total Deduction $264,286 b. Sec. 179 $250,000 50 % additional first-year depreciation $12,500 Standard MACRS calculation $1,786 $264,286 Sec. 179 $- 50 % additional first-year depreciation $25,000 Standard MACRS calculation $5,000 $30,000 Total Deduction $294,286 c. Based on these calculations, Lori should deduct the furniture first, and then the copier. Thus, saving $30,000....
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