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a . EMC sells the old machine for $ 1 1 , 7 0 0 . b . EMC sells the old machine for $

a. EMC sells the old machine for $11,700.
b. EMC sells the old machine for $6,960.
c. EMC sells the old machine for $2,900.
d. EMC sells the old machine for $1,490.
Calculate the initial investment at various sale prices below.
a. EMC sells the old machine for $11,700.(Round to the nearest dollar.)
(a)
Data table
(Click on the icon here in order to copy the contents of the data table below into a spreadsheet.)
Rounded Depreciation Percentages by Recovery Year Using MACRS for
First Four Property Classes
*These percentages have been rounded to the nearest whole percent to simplify calculations while
retaining realism. To calculate the actual depreciation for tax purposes, be sure to apply the actual
unrounded percentages or directly apply double-declining balance (200%) depreciation using the half-year
convention.
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