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Problem 4 Use the MACRS method to calculate the yearly depreciation allowance values for a firm that has purchased $150.000 worth of office equipmer yeary
Problem 4 Use the MACRS method to calculate the yearly depreciation allowance values for a firm that has purchased $150.000 worth of office equipmer yeary depreciation allowances and book as depreciable property. This office furniture is estimated to have a salvagem 100,000 worth of office equipment that qualifies value of $30,000 (20% of the original cost) after the end of me original cost) after the end of its depreciable life. Office equipment is listed as 7-year property in IRS guidelines
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