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a. Calculate the annual MACRS depreciation for a machine in the 7-year MACRS asset class, assuming that the asset costs $130,000. Use Table 9A-3 for
a. Calculate the annual MACRS depreciation for a machine in the 7-year MACRS asset class, assuming that the asset costs $130,000. Use Table 9A-3 for your calculations. Round your answers to the nearest dollar. Year Depreciation 1 2 3 4 m N 5 6 $ $ $ 7 8 $ b. If you knew that the asset had an expected salvage value of $1,000 at the end of its 15-year economic life, would your answer to part a change? -Select- v
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