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1. Given the estimated useful life of certain asset to be 10 years. Assume the initial cost a the asset to be $100,000 and

1. Given the estimated useful life of certain asset to be 10 years. Assume the initial cost a the asset to be $100,000 and its recovery period equals to 5 years. Use the MACRS method to determine the depreciation rates and book values for year 1 through year Total Cost SOLUTION 13.800 (6 points) OPTIMAL M 10.37973

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