The Counting House, Inc., purchased 5-year property class equipment for $60,000. It uses the MACRS method of depreciation. What is tax depreciation

I chose2nd option

Thanks to invitation

second year of the asset's life is $19.200

I agree with experts on

$19,200

tax depreciation for the second year of the asset's life

AGREED WITH ALL CHAMPS<<<<<<<<<<<<<<<<<<<<

$19,200

is the correct answer.

agree with all .........................................................................

My answer is also option (2) $19,200

>>> The answer will be $19,200