Student Learning Objectives - Missouri FFA

200% Declining Balance – Applies to nonfarm 3-year to 10-year property; Switch-over provision applies when appropriate; 200% / property class x undepreciated value = annual depreciation ; For a $5,000 used pickup (five-year property), the formula for the first year is 200% / 5 x $5,000 x appropriate convention = first year ................
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