i need question 33 answered 1,000Use the following information to answer Questions 31-33: On September 2,2018, a calendar-year company purchases a used machine (5-year property)for $510,000. The company takes $500,000 of Sec. 179 but elects out of 100%bonus depreciation31. What is the maximum tax deduction for the machine in 2018?a. $250,000 b. $500,000c. $502,000 d. $510,00032. What is the maximum tax deduction for the machine in 2019?d. $35,200b. $1,600c. $3,200a. $17,600213 ering Depreciation33. What is the maximum tax deduction for the machine in 2023 (Year 6)?a. $0, because the machine has a 5-year recovery periodb. $576c. $3,226d. $6,45134. On October 20 of the current year, a company with a December 31000 year-end purchases a factory for $150,000, which includes $50,000 forthe land. What is first-year depreciation for this asset under MACRS?000a. $535b. $53,500c. $111d. $2,46135. Which of the following is not subject to annual IRS depreciation limits?a. An unmodified company van weighing 5,000 poundsb. An unmodified company van weighing 7,500 pounds

MACRS depreciable amount= Purchase amount- Sec 179 expense = $ 510000- $ 500000 = $ 10000

Answered: i need question 33 answered

EBK CFIN

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ISBN:9781337671743

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Chapter10: Project Cash Flows And Risk

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