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For the first 2 years, calculate the depreciation expense for a $6,400 car. This is a nonluxury car. Use Iable 174 and Iable 175 .

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For the first 2 years, calculate the depreciation expense for a $6,400 car. This is a nonluxury car. Use Iable 174 and Iable 175 . Modified Accelerated Cost Recovery System (MACRS) for assets placed in convinn .4 00% decining-balance method before switching to the straight-line method. : These clases use a straight-line n-balance method before switching to the straight-line method. Annual recovery for MACRS

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