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Question 3 The half-year convention... o ...costs out an asset in even increments over a set number of years ...makes a 5-year MACRS schedule a
Question 3 The "half-year convention"... o ...costs out an asset in even increments over a set number of years ...makes a 5-year MACRS schedule a 7-year depreciation schedule (5 years plus two half years). ...applies to MACRS depreciation schedules ...makes the first year of a MACRS depreciation schedule the highest % of depreciation
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