Under MACRS, an asset which originally cost $100,000 is being depreciated using a 10‑year normal recovery period. The depreciation expense in year 11 is _________.
A. $3,000
B. $4,000
C. $0
D. $6,000
Answer:B
Under MACRS, an asset which originally cost $100,000 is being depreciated using a 10‑year normal recovery period. The depreciation expense in year 11 is _________.
A. $3,000 B. $4,000 C. $0 D. $6,000