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A local private hospital has just purchased a new computerized patientinformation system with an installed cost of $220,000. The information system istreated as a five-year
A local private hospital has just purchased a new computerized patientinformation system with an installed cost of $220,000. The information system istreated as a five-year MACRS property. The system would have a salvage valueof about $20,000 at the end of five years. What are the yearly depreciationallowances?
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