A Tractor Costing $180,000 Is Depreciated Using MACRS What Is the Depreciation Expense for Year 3?
A)$27,000
B)$35,560

question 109

Multiple Choice

A tractor costing $180,000 is depreciated using MACRS.The tractor qualifies as a 3-year property,and has a scrap value of $20,000.The depreciation rates are:
$$\begin{array} { | l | l | } \hline \text { Year 1: } & 33.00 \% \\\hline \text { Year 2: } & 45.00 \% \\\hline \text { Year 3: } & 15.00 \% \\\hline \text { Year 4: } & 7.00 \% \\\hline\end{array}$$
What is the depreciation expense for year 3?

• A)$27,000
• B)$35,560
• C)$26,670
• D)$23,696

---

Definitions:

Malnutrition

A condition that arises from inadequate intake of nutrients leading to poor health.

Impaired Functioning

Describes a reduction in the ability to perform daily tasks and activities effectively, often due to physical or psychological conditions.

Pruning

The process of reducing the number of neurons, synapses, or connections in the brain, usually to increase the efficiency of neural networks.

Cell Death

In brain development, normal elimination of excess brain cells to achieve more efficient functioning.