BLD,Incjust Purchased Some Fixed Assets at a Total Cost of $94,318

question 32

Multiple Choice

BLD,Inc.just purchased some fixed assets at a total cost of $94,318 that are classified as 3-year property for MACRS.The MACRS table values are 0.3333,0.4445,0.1481,and 0.0741 for Years 1 to 4,respectively.What is the amount of the depreciation expense for Year 3?

• A)$13,968.50
• B)$14,602.94
• C)$5,173.26
• D)$8,044.36
• E)$6,988.96

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Definitions:

Short-Lived

Having a brief existence or duration; not lasting for a long time.

Violent Protests

Public demonstrations that involve aggressive behaviors, including harm to people or property, to express opposition against policies or actions.

Socially Unstable Protest

Demonstrations or movements that arise in contexts of social instability, often reflecting widespread discontent or demands for change.

Collectivization

The process of transforming private assets or properties into collective ownership, typically under governmental or communal control, often associated with agricultural reforms in socialist contexts.