Question: Find the depreciation for the third year using MACRS cost-recovery rates for the property placed in service at midyear. The property is a 3-year property

Find the depreciation for the third year using MACRS cost-recovery rates for the property placed in service at midyear. The property is a 3-year property and was purchased for $75 comma 141. LOADING... Click the icon to view a table of MACRS rates. Question content area bottom Part 1 The depreciation is $ 25,044.50. (Round to the nearest cent as needed.)

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