Macrs depreciation allowances

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A project requires $318,488 of equipment that is classified as 7-year property.What is the depreciation expense in Year 5 given the following MACRS depreciation allowances, starting with year one: 14.29, 24.49, 17.49, 12.49,8.93, 8.92, 8.93, and 4.46 percent?

Reference no: EM132364341

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