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For tax purposes, which of the following depreciation methods may be used for a property with a 5-year recovery period? Group of answer choices 200%
For tax purposes, which of the following depreciation methods may be used for a property with a 5-year recovery period? Group of answer choices
200% declining balance switching to straight line
150% declining balance switching to straight line
Sum of the years
200% declining balance switching to straight line and 150% declining balance switching to straight line
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