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I am having trouble with the calculation for this problem. Can you please show calculations: In your new position as head accountant at Frankenstein, Inc.
I am having trouble with the calculation for this problem. Can you please show calculations:
In your new position as head accountant at Frankenstein, Inc. You note that last month on July 2 , 2012 they bought "research equipment and certain special tools" for $60,000 your job is to lower their corporate taxes if possible. You decide to use MACRS for depreciation. How much can they take for these three years?
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