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In March of 2019, Energy Inc. purchased a warehouse for $3,900,000. The cost includes $800,000 for the land and the salvage value for the warehouse
In March of 2019, Energy Inc. purchased a warehouse for $3,900,000. The cost includes $800,000 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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