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Please show excel formulas Consider a 7-year MACRS property asset with an installed and made ready for use cost basis of $100,000. Develop the MACRS

image text in transcribed Please show excel formulas

Consider a 7-year MACRS property asset with an installed and "made ready for use" cost basis of $100,000. Develop the MACRS percentage rates (rt) for the asset based on the underlying depreciation methods

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