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Consider a project involving an investment of $ 5 0 , 0 0 0 , with a study period of 5 years, and an expected

Consider a project involving an investment of $50,000, with a study period of 5 years, and an
expected salvage value of $5000. Compute the depreciation and book value at the end of each
year using using
a. MACRS GDS and a 5 year recovery period
b. MCRS ADS and a 6 year recovery period

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