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A corporation purchases manufacturing equipment for $10,000,000 in 2019 and elects bonus depreciation. What is the after-tax cost of the equipment? How would your answer
- A corporation purchases manufacturing equipment for $10,000,000 in 2019 and elects bonus depreciation.
- What is the after-tax cost of the equipment?
- How would your answer change if the equipment were depreciated under MACRS? Explain briefly. [No calculation required]
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