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An engineering company purchases a piece of equipment that costs $2.2 million in that has salvage value of $370,000 after 7 years of service. Using

An engineering company purchases a piece of equipment that costs $2.2 million in that has salvage value of $370,000 after 7 years of service. Using the MACRS method, the depreciation in year 2 is closest to: O A. $540,000 O B. $260,000 OC. $450,000 O D. $310,000

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