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Peterborough Trucking Just Purchased Some Fixed Assets That Are Classified

Question 75

Multiple Choice

Peterborough Trucking just purchased some fixed assets that are classified as 3-year property for MACRS.The assets cost $10,600.What is the amount of the depreciation expense in year 3? Peterborough Trucking just purchased some fixed assets that are classified as 3-year property for MACRS.The assets cost $10,600.What is the amount of the depreciation expense in year 3? A) $537.52 B) $1,347.17 C) $1,569.86 D) $1,929.11 E) $2,177.56


A) $537.52
B) $1,347.17
C) $1,569.86
D) $1,929.11
E) $2,177.56

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