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Solve the depreciation of the equipment for 3 years of use. The necessary equipment can be purchased for $350,000 and will be depreciated on a

Solve the depreciation of the equipment for 3 years of use.

The necessary equipment can be purchased for $350,000 and will be depreciated on a five-year MACRS schedule. It is believed the value of the equipment in three years will be $200,000.

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