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A piece of newly purchased industrial equipment costs $745,000 and is classified as seven-year property under MACRS. The MACRS depreciation schedule is shown in the
A piece of newly purchased industrial equipment costs $745,000 and is classified as seven-year property under MACRS. The MACRS depreciation schedule is shown in the MACRS Table. Fill in the following table. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Leave no cells blank. Enter "0" when necessary.) Beginning Year Beginning Book Value Depreciation Allowance Ending Book Value 1 2 3 4 5 6 7 8
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