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Bernstein Tractor Company has just invested in new equipment costing $16,000. The equipment falls in the five-year property class for cost recovery (depreciation) purposes. What

Bernstein Tractor Company has just invested in new equipment costing $16,000. The equipment falls in the five-year property class for cost recovery (depreciation) purposes. What depreciation charges can it claim on the asset for each of the next six years?

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