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A project requires $ 2 6 , 0 1 7 of equipment that is classified as a 7 - year property What is the depreciation

A project requires $26,017 of equipment that is classified as a 7-year property What is the depreciation expense in Year 2 given the following MACRS depreciation allowances, starting with year one: 14.29,24.49,17.49,12.49,8.93,8.92,8.93, and 4.46 percent ?
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