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Category > Accounting Posted 27 May 2017 My Price 4.00

Xavier Corporation plans to purchase a new machine to replace an older machine

Xavier Corporation plans to purchase a new machine to replace an older machine on its assembly line. The new machine’s purchase price is $500,000, and it will cost $75,000 to have the new machine shipped and installed. The old machine, which is fully depreciated, can be sold to another company for $45,000. The new machine falls into the MACRS 5-year class. Compute the depreciation expense associated with the new machine for the next five years?

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Alpha Geek
(8)
Status NEW Posted 27 May 2017 02:05 PM My Price 4.00

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file 1495894091-Answer.docx preview (112 words )
X-----------avi-----------er -----------Cor-----------por-----------ati-----------on -----------pla-----------ns -----------to -----------pur-----------cha-----------se -----------a n-----------ew -----------mac-----------hin-----------e t-----------o r-----------epl-----------ace----------- an----------- ol-----------der----------- ma-----------chi-----------ne -----------on -----------its----------- as-----------sem-----------bly----------- li-----------ne.----------- Th-----------e n-----------ew -----------mac-----------hin-----------eâ€-----------™s -----------pur-----------cha-----------se -----------pri-----------ce -----------is -----------$50-----------0,0-----------00,----------- an-----------d i-----------t w-----------ill----------- co-----------st -----------$75-----------,00-----------0 t-----------o h-----------ave----------- th-----------e n-----------ew -----------mac-----------hin-----------e s-----------hip-----------ped----------- an-----------d i-----------nst-----------all-----------ed.----------- Th-----------e o-----------ld -----------mac-----------hin-----------e, -----------whi-----------ch -----------is -----------ful-----------ly -----------dep-----------rec-----------iat-----------ed,----------- ca-----------n b-----------e s-----------old----------- to----------- an-----------oth-----------er -----------com-----------pan-----------y f-----------or -----------$45-----------,00-----------0. -----------The----------- ne-----------w m-----------ach-----------ine----------- fa-----------lls----------- in-----------to -----------the----------- MA-----------CRS----------- 5------------yea-----------r c-----------las-----------s. -----------Com-----------put-----------e t-----------he -----------dep-----------rec-----------iat-----------ion----------- ex-----------pen-----------se -----------ass-----------oci-----------ate-----------d w-----------ith----------- th-----------e n-----------ew -----------mac-----------hin-----------e f-----------or
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