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Depreciation On March 20, 2019, Norton Systems acquired two new assets. Asset A was research equipment costing $28,000 and having a 3-year recovery period. Asset
Depreciation On March 20, 2019, Norton Systems acquired two new assets. Asset A was research equipment costing $28,000 and having a 3-year recovery period. Asset B was duplicating equipment having an installed cost of $53,000 and a 5 -year recovery period. Using the MACRS depreciation percentages , prepare a depreciation schedule for each of these assets. Data table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Rounded Depreciation Percentages by Recovery Year Using MACRS for First Four Property Classes
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