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A piece of newly purchased industrial equipment costs $948,000. Assume the equipment is classified as five-year property under MACRS. What is the depreciation expense in

A piece of newly purchased industrial equipment costs $948,000. Assume the equipment is classified as five-year property under MACRS.

What is the depreciation expense in Year 3 for this equipment?

$232,160

$165,820

$135,460

$189,600

$182,016

What is the book value at the end of Year 3 for this equipment?

$322,625

$273,024

$241,732

$301,546

$256,782

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