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********Can you please explain how to get the depreciation rate specifically, thank you.********* Use the MACRS GDS method to calculate the yearly depreciation allowances and

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********Can you please explain how to get the depreciation rate specifically, thank you.*********

Use the MACRS GDS method to calculate the yearly depreciation allowances and book values for a firm that has purchased $150000 worth of office equipment that qualifies as depreciable property. The equipment is estimated to have salvage value of $30000 after the end of its depreciable life

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