A firm that usees a straight line depreciation to zero just bought a fixed asset for $480 that will be used in a five-year project. The IRS classifies the asset as having a five year life. Find the depreciation for year two.

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A tem that uses at night line depreciatin to zero just bought a fixed asset for $480 that will be used in a five-year project. The IRS classifies the asset as havin a five-year life. Find the depreciation for year two $96 $288 $120 560 $350 5192