Question: A company that manufactures food and beverages in the vending industry has purchased some handling equipment that cost $75,000 and will be depreciated using MACRS

A company that manufactures food and beverages in the vending industry has purchased some handling equipment that cost $75,000 and will be depreciated using MACRS GDS. The class life of the asset is 4 years, show in a table the yearly depreciation amount and book value of the asset over its depreciation life.

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