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Business, 24.04.2020 22:01 emmaphillips2

The cost of new machine is $220,000. The cost of shipping is $10,000 and of installation is $20,000. The required working capital is $25,000. Using the 3-year MACRS schedule, determine the depreciation expense in year 1. Round to the nearest penny. Do not include a dollar sign. Year3-YR MACRS 133.33% 244.45% 314.81% 47.41%

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