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Below is the 3 year Modified Accelerated Cost Recovery System (MACRS) schedule: When depreciating $30,000 of equipment on a 3 year MACRS schedule, your depreciation
Below is the 3 year Modified Accelerated Cost Recovery System (MACRS) schedule: When depreciating $30,000 of equipment on a 3 year MACRS schedule, your depreciation the first year would be $9,990, leaving a book value of $20,010. What is the depreciation for the next year? A. 20,010 B. 11,873 C. 13,350 D. 14,841 E. 9,990 F. 4,446 G. 8,904 H. 22,250 I. 17,800
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