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Based on the MACRS 5-year property schedule below, what is the accumulated depreciation after 2 years for an item with an initial depreciable cost of
Based on the MACRS 5-year property schedule below, what is the accumulated depreciation after 2 years for an item with an initial depreciable cost of $300,000?
YEAR RATE
1 20.00%
2 32.00%
3 19.20%
4 11.52%
5 11.52%
6 5.76%
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