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Brief Exercise 12-19 (Algo) What is the depreciation expense deduction... [LO 12-3] Refer to Exhibit 12.4. What is the depreciation expense deduction in each of

Brief Exercise 12-19 (Algo) What is the depreciation expense deduction... [LO 12-3] Refer to Exhibit 12.4. What is the depreciation expense deduction in each of 4 years for a $44,000 asset classified under MACRS as 3-year property? (Round depreciation expense to 2 decimal places.)

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