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Intro Southwest Airlines just bought a new jet for $29,000,000. The jet falls into the 7-year MACRS category, with the following depreciation rates: Year 1

Intro Southwest Airlines just bought a new jet for $29,000,000. The jet falls into the 7-year MACRS category, with the following depreciation rates: Year 1 2 3 4 5 6 7 8 Depr. rate 14.29% 24.49% 17.49% 12.49% 8.93% 8.92% 8.93% 4.46% Attempt 1/3 for 10 pts. Part 1 What was the depreciation in year 5? 0+ decima Submit

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