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Use the table below to answer this question. Sun Lee's Furniture Just purchased some fixed assets classified as 5-year property for MACRS. The assets cost

Use the table below to answer this question. Sun Lee's Furniture Just purchased some fixed assets classified as 5-year property for MACRS. The assets cost $50,000. What is the amount of the depreciation expense for the fourth year? $5, 760 $9, 600 $16,000 $2, 880 $4, 800

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