A Project Requires $336,000 of Equipment That Is Classified as 7-Year

question 11

Multiple Choice

A project requires $336,000 of equipment that is classified as 7-year property. What is the depreciation expense in year 3 given the following MACRS depreciation allowances, starting with year one: 14.29, 24.49, 17.49, 12.49, 8.93, 8.92, 8.93, and 4.46 percent?

• A) $38,033
• B) $41,267
• C) $48,509
• D) $58,766
• E) $61,322

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Definitions:

Consciousness-Raising

The activity of seeking to make people more aware of personal, social, or political issues.

DBT

Dialectical Behavior Therapy, a cognitive-behavioral treatment developed by Marsha M. Linehan, focusing on teaching skills in mindfulness, emotion regulation, interpersonal effectiveness, and distress tolerance.

Contingency Control

A behavioral technique that manages the antecedents and consequences of a behavior to encourage desirable actions and reduce unwanted ones.

Transtheoretical Model

A model of behavior change that describes five stages through which individuals progress to alter their behaviors.