McGraw-Hill's Taxation of Individuals 3rd Edition by Brian Spilker,Benjamin Ayers,John Robinson,Edmund Outslay ,Ronald Worsham,John Barrick,Connie Weaver

Exercise 54

AAA, Inc., acquired a machine in year 1.In May of year 3, it sold the asset.Can AAA find its year 3 depreciation percentage for the machine on the MACRS table If not, what adjustment must AAA make to its full year depreciation percentage to determine its year 3 depreciation