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Assume a construction companys earth moving equipment is valued at $1m, and the following depreciation schedule: Year 1 10%, Year 2 30%, Year 3 20%,

Assume a construction companys earth moving equipment is valued at $1m, and the following depreciation schedule: Year 1 10%, Year 2 30%, Year 3 20%, Year 4 15%, Year 5 10%. What is the depreciation in Year 3?

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