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Assume you invest in a machine worth $222,499. The machine is classified by the IRS as an asset with a 4 year life, with depreciation
Assume you invest in a machine worth $222,499. The machine is classified by the IRS as an asset with a 4 year life, with depreciation percentages for each year, from 1 to 4, as follows: 33%, 45%, 15%, 7%. Which value for depreciation should you use in the 3rd year of your project?
Enter your answer in dollars, rounded to the nearest dollar (no decimals).
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