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2. 4 points) A manufacturing company is planning to invest $30,000 on a special tool for plastic production. The engineer estimated that the tool will

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2. 4 points) A manufacturing company is planning to invest $30,000 on a special tool for plastic production. The engineer estimated that the tool will have a salvage value of $2,500 at the end of its 4-year useful life (3-year MACRS property class). Based on the information given, complete the following depreciation schedule table for Straight Line Depreciation and MACRS Depreciation. Hint: Pay close attention to the useful life and property class. No statements required. Complete the table. Straight Line Depreciation MACRS Depreciation Year | Depreciation | Book Value | MACRS % | Depreciation | Book Value

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