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Your firm is considering the purchase of a new injection modeling machine. The purchase price is $320,000. Shipping costs and installation will be $10,000 and

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Your firm is considering the purchase of a new injection modeling machine. The purchase price is $320,000. Shipping costs and installation will be $10,000 and $15,000 respectively. Upfront training expense is estimated to cost $6400. Depreciation would be computed using MACRS five year asset class. What will the depreciation be for year 6? (Round your answer to the nearest penny and enter with a decimal point (a period).)) MACRS 5 Year Asset Class Schedule is as follows: Yi 120%; Yr 2 32%; Yr 3 19.20%; Yr 4 11.52%; Yr 5 11.52%; Yr 6 5.76%

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