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Bob Corp. is purchasing a new machine that including shipping and the installation costs $300,000. (YOU MUST COPY AND PASTE THE TABLE INTO YOUR ANSWERING

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Bob Corp. is purchasing a new machine that including shipping and the installation costs $300,000. (YOU MUST COPY AND PASTE THE TABLE INTO YOUR ANSWERING BOX) 1. Calculate the 5-Year Straight Line with Mid-Year Convention and complete the table below. (4 Points) Straight Line Per Installed Machine Annual Remaining Year Year Depreciation Depreciable Depreciation Book Value % Value Allowed of Machine 10% 2 20% 3 3 20% 4 20% S 20% 6 10%

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