Assume new instruments for a firm cost $18,000 with an additional installation fee of $2,000, both of which are depreciable. Finish the depreciation schedule shown below using the Modified Accelerated Cost Recovery System (MACRS) 3-year class.
Year
|
Rate
|
Basis
|
Depreciation
|
1
|
|
|
|
2
|
|
|
|
3
|
|
|
|
4
|
|
|
|