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3 a. A company is considering purchasing equipment for $162,000 It has a useful life of 5 years and an estimated salvage value of

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3 a. A company is considering purchasing equipment for $162,000 It has a useful life of 5 years and an estimated salvage value of $20,000 Show the full depreciation schedule (depreciation amounts and book values) for this equipment using MACRS; assuming a 7 year recovery period. (5 points)

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