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Bernies Beverages purchased some fixed assets classified as 5 year property for MACRS

Bernie's Beverages purchased some fixed assets classified as 5-year property for MACRS. The assets cost $25,000. What will the accumulated depreciation be at the end of year three? MACRS 5-year property Year Rate 1 20.00% 2 32.00% 3 19.20% 4 11.52% 5 11.52% 6 5.76%

May 21 2018 View more View Less

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