The document lists various assets purchased by a company along with their costs, useful lives, and annual depreciation amounts over 10 years using the MACRS depreciation method. Key assets include chairs, LED bulbs, air conditioners, desks, computers, and library books. The depreciation rates decrease each year from 10% in year 1 to 6.55% in years 7-10 and 3.28% in year 11 for assets with 10 year lives.
The document lists various assets purchased by a company along with their costs, useful lives, and annual depreciation amounts over 10 years using the MACRS depreciation method. Key assets include chairs, LED bulbs, air conditioners, desks, computers, and library books. The depreciation rates decrease each year from 10% in year 1 to 6.55% in years 7-10 and 3.28% in year 11 for assets with 10 year lives.
The document lists various assets purchased by a company along with their costs, useful lives, and annual depreciation amounts over 10 years using the MACRS depreciation method. Key assets include chairs, LED bulbs, air conditioners, desks, computers, and library books. The depreciation rates decrease each year from 10% in year 1 to 6.55% in years 7-10 and 3.28% in year 11 for assets with 10 year lives.