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New equipment was just purchased for $750,000. Estimated salvage in 10 years is $50,000. Calculate the depreciation and book value at the end of year 4 for each of the following methods:
a) GDS MACRS method with a recovery period of 10 years
b) 200% DB method with a recovery period of 10 years
c) ADS SL method as an alternative to MACRS with a recovery period of 10 years, with the half-year convention enforced.
Prepare a two page paper using APA format discussing problem in the "Problems to Ponder".
If the demand curve is much more inelastic than the supply curve, clarify whether buyers or sellers will shoulder more of the tax burden from a new tax placed on the sellers.
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explaining the effect of demographics on public revenue sources.
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