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A front-end loader costs $70,000 and has a depreciable salvage value of $10,000 at the end of its 5 year useful life. Compute the depreciation

A front-end loader costs $70,000 and has a depreciable salvage value of $10,000 at the end of its 5 year useful life. Compute the depreciation schedule and book value of the loader using the MACRS depreciation method. 7

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