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Guardian Industries Corp., a calendar year taxpayer purchases personal property during 2020 for use in its business as follows: February 14th Cost of $60,000 -

Guardian Industries Corp., a calendar year taxpayer purchases personal property during 2020 for use in its business as follows:

February 14th Cost of $60,000 - 5yr property

November 4th Cost of $275,000 - 7yr property

Compute Guardian's 2020 depreciation (taxpayer does not elect to take Section 179 or bonus depreciation) - show your computations please.

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