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New Machine will cost $750,000, and will be depreciated using 7-year MACRS. Old Machine is 2 years old, originally cost $500,000, and is depreciated using

New Machine will cost $750,000, and will be depreciated using 7-year MACRS. Old Machine is 2 years old, originally cost $500,000, and is depreciated using 5-year MACRS. Given the information above, what is the change (i.e., incremental or difference) in depreciation for Year 2?

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