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10 pts 2. The Philip Morris International has expended their operations and it needs to purchase new tobacco production equipment. The purchase was finalized in
10 pts 2. The Philip Morris International has expended their operations and it needs to purchase new tobacco production equipment. The purchase was finalized in 2019 with cost of $600,000. The company needs to use MACRS to depreciate it- which is a change from their old straight-line system. What will be their depreciation expense for the following years - and please - give me ONLY these years? 2020, 2023, 2025, 2029, 2031. Show your calculations. 10 pts 2. The Philip Morris International has expended their operations and it needs to purchase new tobacco production equipment. The purchase was finalized in 2019 with cost of $600,000. The company needs to use MACRS to depreciate it- which is a change from their old straight-line system. What will be their depreciation expense for the following years - and please - give me ONLY these years? 2020, 2023, 2025, 2029, 2031. Show your calculations
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