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A company has acquired a haul truck costing $1,000,000 in the 9th month of the tax year and completed building infrastructure costing $2,500,000 in the
A company has acquired a haul truck costing $1,000,000 in the 9th month of the tax year and completed building infrastructure costing $2,500,000 in the 4th month of the tax year. Compute the MACRS depreciation with appropriate length and first year conventions. Please show formulas used.
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