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7.2 A chemical company that manufactures specialty chemicals is considering building a multipurpose production facility. The design of the unit has been outsourced to a

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7.2 A chemical company that manufactures specialty chemicals is considering building a multipurpose production facility. The design of the unit has been outsourced to a consuting firm. This company has estimated that the fixed capital investment is $27MM. The plant is expected to have a useful life of 15 years. Compare the depreciation schedules for this facility using both the straight-line and MACRS methods with the half-year convention

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