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In 2021, Canes Inc. purchased equipment classified as 5 Year property. The cost of the equipment is $85,000 and the salvage value is $5,000. What

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In 2021, Canes Inc. purchased equipment classified as 5 Year property. The cost of the equipment is $85,000 and the salvage value is $5,000. What is the MACRS Depreciation for Year 3? Numeric Response 16320 In 2021, Canes Inc. purchased equipment classified as 5 Year property. The cost of the equipment is $85,000 and the salvage value is $5,000. What is the MACRS Depreciation for Year 3? Numeric Response 16320

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