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12. A company that manufactures food and beverages in the vending industry has purchased some handling equipment that cost $70,000 and will be depreciated using

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12. A company that manufactures food and beverages in the vending industry has purchased some handling equipment that cost $70,000 and will be depreciated using 3-year MACRS. Show in a table the yearly depreciation amount and book value of the asset over its depreciable life. (5 Points)

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