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QUESTION
What is the year 2 depreciation on equipment costing $166,000 if it is classified as five-year property for macrs purposes? the macrs allowance percentages are as follows, commencing with year 1: 20.0
What is the year 2 depreciation on equipment costing $166,000 if it is classified as five-year property for macrs purposes? the macrs allowance percentages are as follows, commencing with year 1: 20.00, 32.00, 19.20, 11.52, 11.52, and 5.76 percent?
