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If MACRS depreciation is used, the purchase price is $60,000, the MACRS Recovery period(property class) is 7 years and the estimated salvage value at 10
If MACRS depreciation is used, the purchase price is $60,000, the MACRS Recovery period(property class) is 7 years and the estimated salvage value at 10 years is $5000, what is the depreciation for year 6?
a. $3480
b.$4895
c. $5340
d. $8040
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