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Question 5 Not yet answered A piece of newly purchased industrial equipment costs $1,575,000 and is classified as seven-year property under MACRS. Calculate the annual

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Question 5 Not yet answered A piece of newly purchased industrial equipment costs $1,575,000 and is classified as seven-year property under MACRS. Calculate the annual depreciation allowances and end-of-the-year book values for this equipment. The beginning book value in year six equals __. The depreciation expense in year five equals Finally, the ending book value in year three equals Points out of 1.00 P Flag question Select one: O A. $492,030; $196,717.50; $964,215 O B. $351,382.50; $140,647.50; $964,215 O C. $492,030; $140,490; $688,747.50 O D. $351,382.50; $140,647.50; $688,747.50 O E. 210,892.50; $140,647.50; 351,382.50

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