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Raleigh Paving Co. purchased some fixed assets classified as 5-year property for MACRS. The assets cost $94,000. What will the accumulated depreciation be at the

Raleigh Paving Co. purchased some fixed assets classified as 5-year property for MACRS. The assets cost $94,000. What will the accumulated depreciation be at the end of year three?

		$13,520
		$25,056
		$38,241
		$48,759
		$66,928

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