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QUESTION 1 Calculate the depreciation for the sixth year based on the rates given in the following table. The asset price for cont - 524.000

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QUESTION 1 Calculate the depreciation for the sixth year based on the rates given in the following table. The asset price for cont - 524.000 (hint refer to chapter 12 case study) MACRS 5-year property Year Bate 20.00% 32.00 1 2 3 4 5 6 19.20W 11.52% 11.52% 5.76% 51,382 $1,061 $1,481 $1.242

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