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During 2018, Diamonds Inc. purchases only one asset: equipment (7-year property) for $1,600,000. Diamonds takes the maximum Sec. 179 deduction and elects out of 100%

During 2018, Diamonds Inc. purchases only one asset: equipment (7-year property) for $1,600,000. Diamonds takes the maximum Sec. 179 deduction and elects out of 100% bonus.

Compute maximum tax depreciation percentage for the machinery for 2018-2025.

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