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Business, 15.11.2019 22:31 BreadOfTheBear

P. a. petroleum just purchased some equipment at a cost of $67,000. the equipment is classified as macrs five-year property. the macrs rates are .2, .32, and .192 for years 1 to 3, respectively. what is the proper methodology for computing the depreciation expense for year 2 assuming the firm opts to forego any bonus depreciation?

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