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A piece of construction machinery costs $5,000.00 and has an anticipated salvage value of $1,000.00 at the end of its 5 year depreciable life. Using

A piece of construction machinery costs $5,000.00 and has an anticipated salvage value of $1,000.00 at the end of its 5 year depreciable life. Using 5 year MACRS depreciation (1/2 year convention), what is the depreciation value in year 5?
$960
$576
$461
$0

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