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A company purchases new cement manufacturing assets that cost $18 million. This is classified in the 15-year property class using MACRS-GDS. What would be the

A company purchases new cement manufacturing assets that cost $18 million. This is classified in the 15-year property class using MACRS-GDS. What would be the depreciation allowance at the end of year 1 using MACRS with 50% bonus depreciation? What is the book value? What about after 3 years

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