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John Wall Inc. is launching a line of 2 branded items in a 4-year project that involves equipment that will be purchased today for $150000

John Wall Inc. is launching a line of "2" branded items in a 4-year project that involves equipment that will be purchased today for $150000 and a tax rate of 35%. What is the annual depreciation expense expected to in 4th year(including the 0th year) of the project if the equipment is depreciated with MACRS where the depreciation rates in years 1, 2, 3, and 4 are 50%, 40%, 20%, and 20%, respectively?

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