Business
Business, 07.05.2021 23:50, machapman6594

A manufacturer of aerospace products purchased four flexible assembly cells for $500,000 each. Delivery and insurance charges were $38,000 and installation of the cells cost another $52,000.
Required:
a. Determine the cost basis of the four cells.
b. What is the class life of the cells?
c. What is the MACRS depreciation in year seven?
d. If the cells are sold to another company for $140,000 each at the end of year seven, how much is the recaptured depreciation?
The cost basis of the four cells is thousand.
(Round to nearest whole number)

answer
Answers: 1

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A manufacturer of aerospace products purchased four flexible assembly cells for $500,000 each. Del...

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