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A piece of equipment has a first cost of $300,000. The company expects to be able to sell it in 9 years for $20,000. What

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A piece of equipment has a first cost of $300,000. The company expects to be able to sell it in 9 years for $20,000. What is the book value of the equipment at the end of year 2? MACRS Table (numbers are per cents), n= recovery period Integer, decimal, or E notation allowed

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