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1 . A company purchases new cement manufacturing assets that cost $ 1 8 million. This is classified in the 1 5 - year property

1 .

A company purchases new cement manufacturing assets that cost $

18

million. This is classified in the

15 -

year property class using MACRS

-

GDS

.

What would be the depreciation allowance at the end of year

1

using MACRS with

50 %

bonus depreciation?

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