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A digitally controlled plane for manufacturing furniture is purchased on April by a calendar-year taxpayer for $66, 000. It is expected to last 12 years

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A digitally controlled plane for manufacturing furniture is purchased on April by a calendar-year taxpayer for $66, 000. It is expected to last 12 years and have a salvage $5, 000. Calculate the depreciation deduction value of during years 1, 4, and 8. a. Use straight-line depreciation. b. Use declining balance depreciation with a rate that ensures the book value equals the salvage value

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