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A restaurant has been depreciating a pizza oven for the last 2 years using the MACRS approach. The asset is on a 5 year depreciation

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A restaurant has been depreciating a pizza oven for the last 2 years using the MACRS approach. The asset is on a 5 year depreciation schedule. Using the information below, calculate the depreciation expense for year 3. (Use the following format $0,000 ) Purchase Price: $15,000 Salvage Value $5,000

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