Multiple Choice
According to the Modified Accelerated Cost Recovery System (MACRS) , automobiles are to be placed with other assets that have a five-year class life. Assume Dallmeyer Digital bought a car in December 2004. What would be the last year in which it would take recognize depreciation on the vehicle?
A) 2004
B) 2009
C) 2010
D) 2011
Correct Answer:
Verified
Correct Answer:
Verified
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