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David Marcus purchased new office furniture July 15, 2011, for $27,600. Use MACRS (7-year class) to show the rate, depreciation, and beginning and ending book

David Marcus purchased new office furniture July 15, 2011, for $27,600. Use MACRS (7-year class) to show the rate, depreciation, and beginning and ending book values for 2011, 2012, and 2013. Round rates to two decimal places, and dollar amounts to the nearest dollar.

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