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33. Compute the depreciation values for an asset which costs $55,000 and requires $5,000 in installation costs using MACRS 5-year recovery period. A. $5,000 B.

33. Compute the depreciation values for an asset which costs $55,000 and requires $5,000 in installation costs using MACRS 5-year recovery period.

A. $5,000

B. $55,000

C. $60,000

D. $120,000

Answer: _____

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