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An asset was purchased and installed for $319,172. The asset is classified as MACRS 5-year property. Its useful life is six years. The estimated salvage
An asset was purchased and installed for $319,172. The asset is classified as MACRS 5-year property. Its useful life is six years. The estimated salvage value at the end of six years is $23,660. Using MACRS depreciation, the second year depreciation is: Enter your answer as: 123456.78
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