Mexus Gold US (MXSG)

[A Dinosaur]

Nope. Wrong again. The depreciation is based on age. In the real world, not IRS, the value is dependent on mileage, reputation of the manufacturer, model, accessories, etc. But GAAP doesn't recognize that. You just claim the additional amount, plus or minus, when you dispose of the asset.

Do you need to know your lifespan to figure out how much it cost to feed you last year?

Dino