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Problem 3 Intro Southwest Airlines just bought a new jet for $ 3 5 , 0 0 0 , 0 0 0 . The jet

Problem 3
Intro
Southwest Airlines just bought a new jet for $35,000,000. The jet falls into the 7-year MACRS category, with the
following depreciation rates (half-year convention):
Part 1
What was the depreciation in year 5?
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