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In February of 2019, Energy Inc. purchased a warehouse for $2,500,000. The cost includes $100,000 for the land and the salvage value for the warehouse

In February of 2019, Energy Inc. purchased a warehouse for $2,500,000. The cost includes $100,000 for the land and the salvage value for the warehouse is $200,000.

What is the MACRS depreciation for Year 1?

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