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Special tools at a cost of $15,000 have been bought for the manufacture of some critical parts in a plastic company. It is estimated that
Special tools at a cost of $15,000 have been bought for the manufacture of some critical parts in a plastic company. It is estimated that the salvage value at the end of the useful life is $1,000. The second- year MACRS depreciation is equal to _______?
A) $4,667
B) $6,668
C) $6,223
D) $5,000
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