A wood products company has decided to purchase new logging equipment for ​$ with a​ trade-in of its old equipment. The old equipment has a BV of ​$ at the time of the​ trade-in. The new equipment will be kept for years before being sold. Its estimated SV at the time is expected to be ​$. Using the MACRS​ (GDS recovery​ period), what is the depreciation charge permissible at year ?

The question is incomplete, so I looked for a similar one:

A wood products company has decided to purchase new logging equipment for $100,000 with a trade-in of its old equipment. The old equipment has a BV of $10,000 at the time of the trade-in. The new equipment will be kept for 10 years before being sold. Using the MACRS​ (GDS recovery​ period), what is the depreciation charge permissible at year 1?

Depreciable value using MACRS is $100,000 and logging equipment is classified as 7 year class, and I will use the half-year convention:

depreciation year 1 = $100,000 x 14.29% = $14,290

the first successful, urban blues recording, selling more than 75,000 copies, was made in year 1920.

mamie smith recorded the first commercially successful example of the urban blues,   with the recording of “crazy blues”."crazy blues" was recorded on august 10, 1920, in new york city. within a month of the release of “crazy blues” it had sold 75,000 copies.

the answer is a.

by: nicholas dooley