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3 assets were purchased by a manufacturing firm. Asset Machine Tools CNC Machine Warehouse Place in Service March May June 19 Compute the depreciation

3 assets were purchased by a manufacturing firm. Asset Machine Tools CNC Machine Warehouse Place in Service March May June 19 Compute the depreciation allowance for each asset. Cost Basis MACRS Class $5,000 3 years $125,000 $335,000 7 years 39 years

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