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Question 5 10 p You buy a high-speed grinding tool with 60,000. Your accountant decides to take 100% bonus depreciation in the first year. The

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Question 5 10 p You buy a high-speed grinding tool with 60,000. Your accountant decides to take 100% bonus depreciation in the first year. The tool falls in the 5-year category of investment. Second-year taxable income before depreciation was 36,666. After taking depreciation into account, your taxable income will be A.) 17,466 B )36,666 C) 5, 466 D)24,666 OD OC

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