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Bernie's Beverages Purchased Some Fixed Assets Classified as 5-Year Property

Question 102

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Bernie's Beverages purchased some fixed assets classified as 5-year property for MACRS.The assets cost $94,000.What will the accumulated depreciation be at the end of year three? Bernie's Beverages purchased some fixed assets classified as 5-year property for MACRS.The assets cost $94,000.What will the accumulated depreciation be at the end of year three? A) $13,520 B) $25,056 C) $38,241 D) $48,759 E) $66,928


A) $13,520
B) $25,056
C) $38,241
D) $48,759
E) $66,928

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