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Manufacturing equipment has a capital cost of $43,000, salvage value of $3000, and an asset life of 10 years. Compute the depreciation expense for the

Manufacturing equipment has a capital cost of $43,000, salvage value of $3000, and an asset life of 10 years. Compute the depreciation expense for the first 3 years under

(a) Accelerated cost recovery

(b) Straight line.

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a Since the asset life is 10 years we can use MACRS percentage for 10year property class ... blur-text-image

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