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A car costs $8000 and has an anticipated $1000 salvage value at the end of its five year depreciable life. Compute the depreciation allowance at
A car costs $8000 and has an anticipated $1000 salvage value at the end of its five year depreciable life. Compute the depreciation allowance at the end of year 4 using MACRS (assume a 5 year property class)
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