Under MACRS, an asset which originally cost $10,000 is being depreciated using a 5 -year normal recovery period. What is the depreciation expense in year 3?
A. $1,900
B. $1,200
C. $1,500
D. $2,100
Answer:A
Under MACRS, an asset which originally cost $10,000 is being depreciated using a 5 -year normal recovery period. What is the depreciation expense in year 3?
A. $1,900 B. $1,200 C. $1,500 D. $2,100