Homework wk4

Homework wk4 - Chapter 8. 32. 200000 x 0.02879 = 5758 35....

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Chapter 8. 32. 200000 x 0.02879 = 5758 35. a. 100000 x 0.20 = 20000 b. 100000 x ½ x 0.32 = 16000 39. 2010 year = 1800000 x 0.01605 = 28890 2020 year = 1800000 x 0.02564 = 46152 40. a. 1200000 x 0.0197 = 23640 b. 1200000 x 0.03636 x (10.5/12) = 38178 42. 70000 x 0.05 = 3500 47. a. 20000 x 0.3333 = 6666 340000 x 0.20 = 68000 Recovery for 2010 is $74,666 b. 20000 x 0.3333 = 6666 Section 179 expense: 250000 (340000 – 250000) x 0.2 = 18000 Recovery for 2010 is 274,666 c. 500000 – 74666 = 425334 x 33% = 140360.22 500000 – 274666 = 225334 x 33% = 74360.22 Tax benefit is $66,000
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This note was uploaded on 07/27/2011 for the course AUDIT 307 taught by Professor N/a during the Spring '11 term at Strayer.

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Homework wk4 - Chapter 8. 32. 200000 x 0.02879 = 5758 35....

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