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caps locK 1) TRUMALSAS a) The income tax rates are the same for capital gains and depreciation recapture of an asset b) Depletion can be

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caps locK 1) TRUMALSAS a) The income tax rates are the same for capital gains and depreciation recapture of an asset b) Depletion can be calculated in two different approach: Depletion allowance or percentage depletion T/F c) In Straight Line depreciation, the book value is zero at the end of its life. d) Depreciation is method of capital expensed over period of time e) Income tax-rates are same for capltal galns and depreciation recapture of an asset. T/F shift T/F T/F T/F fni MCO (ehow work) 4*5-20

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