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Homework answers / question archive / If corporate headquarters for UPS in Atlanta is considering adding to its 96,000 + fleet of delivery vans, what is year 5's depreciation expense using MACRS if one van costs $78,500? (Round your answer to the nearest cent
If corporate headquarters for UPS in Atlanta is considering adding to its 96,000 + fleet of delivery vans, what is year 5's depreciation expense using MACRS if one van costs $78,500? (Round your answer to the nearest cent.)
What is the depreciation expense?
Computation of Depreciation Expense:
Depreciation Expense = Cost of Delivery Van * Rate of Depreciation for 5th Year
= $78,500*11.52%
Depreciation Expense = $9,043.20
