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A small corporation in the plastics industry (three year class) will purchase a power tool at a cost of with a useful life of four
A small corporation in the plastics industry (three year class) will purchase a power tool at a cost of with a useful life of four years, and no salvage value Estimated at \$200K annual revenue and will depreciate the equipment using MACRS Assuming that the equipment begins to be used the third of January, how much is the depreciation applied to the first year?
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