[Solved] Pre-Fab purchased some machinery for $337

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Pre-Fab purchased some machinery for $337,600. These assets are classified as five-year property for MACRS. The MACRS rates are .2, .32, .192, .1152, .1152, .0576,

Pre-Fab purchased some machinery for $337,600. These assets are classified as five-year property for MACRS. The MACRS rates are .2, .32, .192, .1152, .1152, .0576, for years 1 to 6, respectively. What is the depreciation cost in year 2?

Group of answer choices

144,433.20

$140,287.09

$142,311.12

$108,032

none of the above

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