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MNC Construction Co recently purchased a new truck for $150,000 to be used for 7 years. The expected salvage value is $50,000. Compute the depreciation

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MNC Construction Co recently purchased a new truck for $150,000 to be used for 7 years. The expected salvage value is $50,000. Compute the depreciation for the first 5 years using: a) MACRS depreciation b) Straight-line depreciation C) SOYD depreciation

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