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Use the table below to answer this question. MACRS 5-year propert Sun Lee's Furniture just purchased some fixed assets classified as 5-year property for MACRS.
Use the table below to answer this question. MACRS 5-year propert Sun Lee's Furniture just purchased some fixed assets classified as 5-year property for MACRS. The assets cost $33,000. What is the amount of the depreciation expense for the first year? O $3,802 O $6.336 O $1.901 O $3,300 O $6,600
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