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The equipment cost (equipment plus shipping and installation) can be depreciated at the rate of 24% the first year. The remaining 5 years (years 2-6),

The equipment cost (equipment plus shipping and installation) can be depreciated at the rate of 24% the first year. The remaining 5 years (years 2-6), the depreciation will be equal to $30,000 per year. What is the amount of depreciation in year 1?

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