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The d tference between the before-tax cost and after-tax cost of an asset equals the net present value of the tax sayings from any cost

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The d tference between the before-tax cost and after-tax cost of an asset equals the net present value of the tax sayings from any cost recovery deductions w th respect to the asset True of False Richland Company purchased an asset in 2019 for $50.000 and sold is in 2022 . The asset was 7-year recovery property. Richland's 2022 Macrs depreciation on the asset Whas $6,245, Use Tabic 7.2 Tnue or false

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