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What is the depreciation amount in year three for the following example using MACRS A new machine is purchased for $500,000 it will cost an additional $150,000 to set it up and make it functional. It has a salvage value of $100,000 It will be deprciated over a 5 year schedule $124.800 $130,000 $97,000 $85,000 Click Save and Submit to save and submit. Click Save. All Answers to save all answers